The cumulated stake of Romanian investors rose to 48.25%, from a total stake of 47.71% at the end of July. The numbers include Fondul Proprietatea’s own holding, of 1.62% at the end of August.

The figures refer to both private and corporate investors.

Romanian Finance Ministry’s stake was 8.71% in August, down from 12.39% a month earlier.

Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.

In May, the fund initiated a buyback process to keep its shares from falling too much.

At around 11:45 Thursday, Fondul Proprietatea traded down 0.22% at RON0.449 a share in Bucharest. (EUR1=RON4.2353)