OTP’s general meeting cancelled the 10% general property acquisition limit two years ago, then this spring, the 50% limit concerning all foreigners. According to Julius Baer Investment’s flash report published in June, the company already had 16,563,000 OTP shares, i.e. 5.9%, which the company increased to around 10% in the past few weeks. Upon receiving clearance from PSzÁF, the company may purchase further OTP shares as it was reflected in the market reaction: as opposed to Wednesday’s closing price of Ft 9,000, the price of OTP shares reached Ft 9,450 on Friday. (Napi Gazdaság)
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