Fondul Proprietatea bought around 14.38 million shares at average prices ranging between RON0.4407 and RON0.4415 a share.
Monday, Fondul Proprietatea closed down 2.02% at RON0.4311 a share, amid a declining market.
Following last week’s operation, the fund’s budget for its buyback program launched in May was reduced to around RON280,000, from RON120.3 million initially.
The buyback program aims to prevent Fondul Proprietatea’s shares from declining too much.
Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.
The fund was floated on the Bucharest Stock Exchange on January 25. (EUR1=RON4.3222)