On Monday, Croatian Telecom (HT) announced on the web page of the Zagreb Stock Exchange a call to the General Assembly to take place at the end of April in Zagreb.
One of the agenda items is to give authority to the Managing Board to acquire HT company stocks. The same agenda item will be present at the Privredna Banka Zagreb (PBZ) General Assembly taking place at the beginning of April. These two companies will join many others whose stocks are on the exchange and have decided to take similar action. The PBZ Management intends to acquire PBZ stocks totaling just less than 24 million kunas over 1,5 years, while HT will acquire HT stocks up to 10% of their founding capital over the same time period.
(AmCham)
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