The company will conduct a repurchase offer for 20.6 million shares at a price of RON1.3/share, which means the whole program should stand at RON26.8 million, ZF has calculated.
The broker of the offer to be conducted in September 2-15, 2021, is BRK Financial Group.
SIF Muntenia has a RON992.6 million capitalization. Its shares have gained 55.5% since the beginning of the year, amid RON32.5 million transactions, Bucharest Stock Exchange data show.
(English version by Loredana Fratila-Cristescu)