FP reduced its share capital by canceling 1.4 billion of its own shares acquired within the ninth buy-back program.
The share capital reduction was endorsed by the Romanian financial supervision authority ASF on October 9.
As of October 15, FP’s subscribed share capital amounts to RON3.9 billion, while the value of its paid-up share capital is RON3.7 billion. The Fund reminded the difference is due to unpaid subscriptions owed by the Romanian state represented by the finance ministry totaling RON189.18 million.