PRAGUE, Sept 29 (Reuters) - Shares of Czech power producer CEZ <CEZsp.PR> jumped 1.66 percent at the start of trading on Friday to 794 crowns after a report the firm was seriously considering buying back 10 percent of its free float.
Analysts at the brokerage Wood and Company and Atlantik FT both said the news was positive for the shares in Europe's second largest energy exporter.
CEZ is 67.61 percent state-owned. ((Reporting by Alan Crosby; editing by Paul Bolding; prague.newsroom@reuters.com; Reuters Messaging: alan.crosby.reuters.com@reuters.net; +420 224 190 477))
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Keywords: UTILITIES CZECH CEZ SHARES