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Bucharest-listed Digi Communications ups own shareholding

Author Mario Tanev
Bucharest-listed Digi Communications ups own shareholding Digi Communications

BUCHAREST (Romania), October 14 (SeeNews) - Bucharest-listed Digi Communications [BSE:DIGI], the majority owner of Romanian company RCS&RDS, said on Monday that it has repurchased 28,380 own shares in the October 7-11 period for a total of some 859,700 lei ($199,500/180,800 euro).

Digi Communications repurchased the shares through 63 transactions at a weighted average price per share of 30.29 lei, the company said in a bourse filing.

The company's capital comprises 100,000,000 shares, of which 64,556,028 class A shares with a nominal value of 0.10 euro each, and 35,443,972 class B shares, with a nominal value of 0.01 euro apiece.

All of Digi Communications' class B shares are listed for trading in Bucharest. Digi Communications is part of the Bucharest Stock Exchange's blue-chip BET index.

RCS&RDS, founded by Romanian businessman Zoltan Teszari, comprises two companies - Romanian Cable Systems (RCS) founded in 1994, and Romanian Data Systems (RDS) founded in 1998. Its parent company, Cable Communication Systems, now Digi Communications N.V., indirectly operates telecommunications groups in Hungary, Spain and Italy through RCS&RDS.

(1 euro = 4.7473 euro)

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