The buyback was concluded at RON 1.39 per share and the USD equivalent of RON 69.50 per GDR. Note that such a price represents a 15.8% premium compared to the Friday’s closing price. 

Fondul Proprietatea published a document on the Bucharest Stock Exchange announcing that they have completed an accelerated buyback program on Friday (13 March). In total Fondul repurchased 200m shares (124.48m in the form of shares and 75.52m in the form of GDRs).  

The mentioned buyback was concluded at RON 1.39 per share and the USD equivalent of RON 69.50 per GDR. Note that such a price represents a 15.8% premium compared to the Friday’s closing price.