Last week, HT published a notice on treasury share buyback through the ABB process and hired InterCapital as the sole coordinator for the book building agent.

In the notice, HT notified that in accordance with the decision of the General Assembly of the Company on 23 April 2021, by which the Management Board of the Company is authorized to acquire its own shares during a period of 5 years, the Company organized treasury share buyback through Accelerated Book Building process & has authorized the InterCapital as the sole coordinator and book building agent in this process of buying own shares on ZSE. The auction was organized on a single-price basis, while the method of execution was the block transaction.

ABB resulted in a block transaction on the Zagreb Stock Exchange of 178.766,00 shares with a single price of 36,00 EUR (6.435.576 EUR). Offers in the book were submitted by domestic institutional investors