MOL: internal share purchase
Monday, May 23, 2005, 00:00
MOL purchased 39,342 of its own shares through ING Bank Rt as an investment consultant at Budapest Stock Exchange (BÉT), MOL announced on BÉT?s website. The transaction was closed at an average price of Ft 15,554 Ft/share. Daily Napi Gazdaság reported that MOL gave 80,358 of its shares to 127 medium and upper level managers of the company based on fulfilling last year?s company targets and to pursue long term goals. From MOL?s top management chairman-CEO Zsolt Hernádi got 6,469 shares, CEO György Mosonyi 5,434 shares and strategy and business development manager Michel-Marc Delcommune 3,997 shares.