Brief: Hungary's OTP Bank receives permission to buy back shares worth HUF 50 billion
09/10/2026 08:57
BRIEF-Hungary's OTP Bank receives permission to buy back shares worth HUF 50 billion Oct 9 (Reuters) - OTP Bank Nyrt. OTPB.BU says in a statement:
HUNGARY'S OTP BANK SAYS IT RECEIVED PERMISSION FROM CENTRAL BANK TO REPURCHASE ITS OWN SHARES IN THE AMOUNT OF HUF 50 BILLION UNTIL 31 MARCH 2027
THE TOTAL AMOUNT SPECIFIED IN THE PERMISSION SHALL IMMEDIATELY BE DEDUCTED FROM OTP'S OWN FUNDS IN ACCORDANCE WITH THE LAW
Source text: [https://bse.hu/newkibdata/129547930/261009_engedely_268_e.pdf]
Further company coverage: OTPB.BU
(Reporting by Anita Komuves)
((KOMUVES.Anita@thomsonreuters.com;))
Recent news on OTP Bank Nyrt.
See all newsEmerging Markets: Stocks rise as oil prices ease; focus on upcoming IMF meetings
Brief: Hungary's OTP Bank receives permission to buy back shares worth HUF 50 billion
Brief: OTP Bank Becomes First EU Financial Institution To Open A 7 Billion Euros EMTN Programme On The Hong Kong Stock Exchange
Hungary government proposes wealth tax on ultra-rich
Putin grants approval for UniCredit Russia unit's reorganisation and sale (updated)