BT Capital Partners S.A. brokered the transactions.
Banca Transilvania has recently announced a buyback program targeting maximum 10 million shares (of the total 25 million shares approved for buyback by shareholders) between February 22 – March 27.
The first buyback period, held between February 22 and 24, targeted the acquisition of 1.7 million shares. The second buyback period, held between March 6 and 10, targeted the acquisition of 2 million shares, worth a total RON5.5 million.
The bank has recently reached a market capitalization of RON10 billion.