Hungarian oil and gas company MOL's treasury share stock fell sharply in February but the stock of the Budapest Stock Exchange's other three blue chips was hardly changed, data published by the companies show.
MOL's treasury share stock fell to 4,520,045 "A" series shares, or 4.32% of the total, at the end of February, from 7,434,737, or 7.11% of the total, at the end of January. Early in February, MOL said it signed a contract with UniCredit Bank on the bank's purchase of 2,914,692 treasury shares and an option by MOL to repurchase the shares.
Treasury share stock of OTP Bank was 4,181,653 shares, or 1.49% of registered capital, at the end of February, down slightly from 4,182,166 shares, or 1.5% of registered capital, at the end of January.
Drug maker Richter Gedeon's treasury share stock inched up to 22,098, or 0.12% of registered capital, practically level with the 22,010 shares at the end of January.
Magyar Telekom's treasury share stock was unchanged at 390,862 shares or 0.0375% of registered capital at the end of the month.