OTP executives continue to sell incentive program shares

Telco

Two of Hungarian OTP始s top executives reportedly sold more than HUF 700 mln of the bank始s shares yesterday, Hungarian news agency MTI citing the lender as saying today.

Chairman-CEO S谩ndor Cs谩nyi

Yesterday Chairman-CEO S谩ndor Cs谩nyi sold 108,011 shares at an average price of HUF 5,934 per share and board member L谩szl贸 Utassy sold 10,810 shares at an average price of HUF 5,911 per share, MTI said.

The men bought the shares at a fixed price from OTP始s treasury share stock as part of an incentive program earlier, the news agency added.

It was reported on Monday that two other top executives at Hungarian OTP sold approximately HUF 364 mln of the bank始s shares. Vice chairman Antal Pongr谩cz sold 32,436 shares at an average price of HUF 5,751 per share and deputy-CEO L谩szl贸 Bencsik sold 30,912 shares at an average price of HUF 5,755 per share.

ADVERTISEMENT

Hungary PMI 52.2 in November Analysis

Hungary PMI 52.2 in November

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

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.