Fondul Proprietatea Awaits Financial Watchdog’s Approval For Program To Repurchase 220 Million Shares

07.17.2020 By Ecaterina Craciun

Romanian investment fund Fondul Proprietatea (FP.RO) said in a stock market announcement that it submitted on Friday to the Financial Supervisory Authority an application for the approval of a tender offer for cash of its own shares in relation to the buy-back program approved by the Fund’s Extraordinary Shareholders’ Resolution no. 5 of Nov 15, 2019.

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Keywords:
Fondul Proprietatea
, Financial Watchdog
, repurchase program
, shares