Fondul Proprietatea S.A.
FDLPF
Other OTC3.89
USD
- -
- -
ISIN
US34460G1067
CUSIP
34460G106
Return %
Stock
S&P500
1Y
- -
26.53
3Y
-77.77
76.60
5Y
-80.65
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Johan Meyer
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Premium Point Bucharest Romania 011017
- IPO Date
- Oct 12, 2020
- Website
- fondulproprietatea.ro
- Similar Companies
- Business
- Fondul Proprietatea S.A. (FDLPF) operates as a closed-end alternative investment fund focused on long-term capital appreciation through investments primarily in Romanian equities, adhering to value investing principles; its portfolio emphasizes infrastructure and salt mining sectors, which comprise 84% of net asset value, alongside aluminum, power utilities generation, oil and gas, banking services, postal services, industry, and other holdings including listed and unlisted equities in state-controlled and privately held entities; net cash and receivables include bank deposits, short-term government securities, and dividend receivables net of liabilities. Founded in 2005 by the Romanian State to compensate individuals for properties expropriated under the communist regime, the company maintains headquarters at 76-80 Buzesti Street, Bucharest, Romania, and lists shares on the Bucharest Stock Exchange since January 2011 and Global Depositary Receipts on the London Stock Exchange until April 2025; it targets retail investors under Romanian Financial Supervisory Authority registration PJR09FIAIR/400018, with a fund lifetime until December 2031 subject to extension, managed in compliance with EU Alternative Investment Fund Managers Directive since April 2016. Recent developments include an ongoing 2025 share buyback program approved in December 2024 authorizing up to 320 million shares or equivalent GDRs for cancellation by year-end to enhance shareholder value, with transactions executed via brokers such as Swiss Capital and Auerbach Grayson accumulating over 58 million shares by April 2025; further updates encompass completion of Hidroelectrica SA IPO in 2023 and divestment of Enel holdings, alongside 2025 general shareholder meetings addressing governance, tender offers accelerating buybacks, and registration of constitutive act amendments as of October 2025.