Bittnet Systems stock gets a 22.52 percent buyback result

Bittnet Systems (ISIN ROBNETACNOR1) was trading at RON 0.136 on the Bucharest Stock Exchange in early trading on October 5, 2026, as the company moved toward settlement of a buyback covering 22.52 percent of its share capital. The operation attracted more than three times the number of shares offered, making the allocation ratio the key figure for shareholders.

Buyback draws heavy demand

According to Bursa de Valori Bucuresti in its October 2, 2026, current report, investors subscribed for 479,937,866 shares during the offer period. Bittnet acquired all 142,857,160 shares covered by the offer at RON 0.175 per share, with a pro-rata allocation ratio of 0.2976576139.

The comparison is direct: demand covered 3.36 times the number of shares available, while the repurchased block represented 22.52 percent of the company. The shares are intended for cancellation, which would reduce the number of securities in issue after settlement.

Price stays below the offer

The RON 0.136 early-session price on October 5 stood RON 0.039 below the buyback price of RON 0.175, a discount of 22.3 percent to the offer level. The difference gives the transaction a clear market reference, but it does not establish a valuation target for the remaining shares.

At the offer price, Bittnet's implied market capitalization was RON 92.59 million on October 5, according to Profit.ro. The figure is tied to the offer price rather than the early-session quote, so the two values describe different points in the transaction.

First-half recovery adds context

Bittnet's latest reported operating backdrop was stronger than the prior-year comparison. Ziarul Financiar reported that first-half 2026 revenue from customer contracts reached RON 126.9 million, up 41 percent from the first half of 2025.

The same report said Bittnet generated a profit of RON 8.5 million in the first half of 2026, compared with a loss of RON 16.7 million in the year-earlier period. For investors, the buyback changes the share count while the earnings comparison provides the operating context behind the capital-allocation decision.

Settlement date is October 7

Bittnet's transaction date is October 5, 2026, and settlement is scheduled for October 7, 2026. Bittnet Systems shares are listed under ticker BNET on the Bucharest Stock Exchange Main Market, Standard category.

Upcoming dates for Bittnet Systems stock

• October 7, 2026: Settlement of the repurchased shares

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