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OTP Bank buys 50,000 treasury shares

OTP Bank bought 50,000 treasury shares at an average price of Ft 3,965 per share on the Budapest Stock Exchange on October 13, the bank announced.

The purchases accounted for 0.9% of trade volume for the share on Monday, when OTP Bank rose 11.1% to 4,000 on trades of Ft 22.7 billion. OTP shares moved between 3,850 and 4,444 on Tuesday.

The purchases raised OTP Bank's treasury stock to 6,399,468 shares. OTP Bank said that members of OTP group held 2.098,560 OTP shares as of September 29. (MTI – Econews)