FONDUL PROPRIETATEA
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Fondul Proprietatea Cuts 2013 Profit Estimations, Expects 10% Rise In 2014
Romanian investment fund Fondul Proprietatea (FP.RO) expects its net profit to reach 556 million lei (EUR125 million) in 2014, up 10% from the result estimated for this year.
Proprietatea Fund’s Share Buyback 2.5 Times Oversubscribed
Romanian investment fund Fondul Proprietatea’s (FP.RO) offer to repurchase 4.35% of its own shares was oversubscribed two and a half times as of Friday, just four days into the offer.
Proprietatea Fund Extends Share Buyback Program To November 14
Romanian investment fund Fondul Proprietatea’s (FP.RO) has extended by one week until November 14 the subscription period of its share buyback offer for a 4.35% stake, the fund’s administrat...
Proprietatea Fund Share Buyback Oversubscribed On Second Day
Romanian investment fund Fondul Proprietatea’s (FP.RO) offer to repurchase 4.35% of its own shares was oversubscribed on the second day of issue Wednesday.
Fondul Proprietatea’s Profit Falls 7% To RON535M In January-September
Romanian investment fund Fondul Proprietatea (FP.RO) registered profit of 535.2 million lei (EUR121.4 million) in the first nine months of 2013, down about 7% from RON574.5 million in the si...
Proprietatea Fund Selects BRD As New Depository
Romanian investment fund Fondul Proprietatea (FP.RO) has hired lender BRD Groupe-Societe Generale to provide custody and depository services for its assets, the fund’s manager Franklin Templ...
Morgan Stanley Becomes Second Largest Stakeholder Of Proprietatea With Over 5% Of Shares
Morgan Stanley, the largest bank by assets in the United States, has increased its stake in Romanian investment fund Fondul Proprietatea (FP.RO) to over 5% and has become the second largest...
Fondul Proprietatea Towards New Highs, Lifting Bucharest Bourse
The Bucharest stock market was slightly up in early trade Friday, dragged by investment fund Fondul Proprietatea (FP.RO), which reached a fresh all-time high.
Bucharest Bourse Rises 0.5% As Fondul Proprietatea Reaches New Highs
Romanian investment fund Fondul Proprietatea (FP.RO) continued to gain strongly Thursday morning, after yesterday’s announcement of share buyback program, lifting along the other stocks trad...