The cumulated stake of Romanian investors edged down to 32.78%, from 33.67% at the end of March.

The figures refer to both private and corporate investors and do not include a 1.92% stake bought back by the fund. The fund’s shares will be cancelled at a later time, according to a shareholders’ decision.

Romanian Finance Ministry’s stake was 2.67% in April.

The fund reported a total number of shareholders of 8,238 at the end of April, down from 8,607 in the previous month.

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

In Bucharest Friday, Fondul Proprietatea closed down 0.23% at 0.6610 lei (EUR0.15) a share. (EUR1=RON4.3241)