Shares were repurchased at prices of RON2.08 to RON2.11.
Banca Transilvania carries out, between November 14 and December 31, 2017, a program for the repurchase of maximum 15 million own shares.
BT Capital Partners was broker of the repurchase process.
Banca Transilvania reached assets of RON54.9 billion, with a solvency of 17.95%, which does not include the result for the first nine months of 2017. The balance of loans stood at RON29.9 billion in the first nine months of 2017, up 10% compared with the end of 2016.
Monday morning, on the Bucharest Stock Exchange, the bank’s shares traded up 0.48%, at RON2.09/unit.
Banca Transilvania’s shareholders include, among others, the European Bank for Reconstruction and Development (EBRD) (8.6%), regional investment fund SIF Moldova (nearly 7%), regional investment fund SIF Banat-Crisana (4.44%) and the bank’s founder, Horia Ciorcila (nearly 4%).