Business Telekom floats 500,000 shares on BSE today

Deals

Hungarian-owned telecommunications company Business Telekom (BTel) will float 500,000 more shares at the Budapest Stock Exchange (BSE) on Friday, the BSE announced on Thursday. 

The float of further shares will raise the total number of Business Telekom shares traded at the BSE to 9,359,651.

The BSE announced earlier on Thursday that it will elevate Business Telekom to the Equities Prime issuer-category from the Equities Standard issuer-category on March 10, 2014. BSE issuers must meet several criteria regarding market capitalization, ownership structure (free float) and corporate history to qualify for inclusion in the Equities Prime category.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

19,000 young jobseekers hired in expanded subsidy program Government

19,000 young jobseekers hired in expanded subsidy program

Manager screenings - not just for managers Interview

Manager screenings - not just for managers

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.