Novatek bought back 317,250 of its shares within the period from April 8th to the 12th
Edited by Rhod Mackenzie / 2013-04-15 12:32:37
Novatek bought back 317,250 of its shares including GDR within the period from April 8th to the 12th. Currently 10 Novatek’s GDR's were price at $107.9 at LSE and the price at MICEX is 314.97 rubles per stock.
In June 2012, Novatek’s Board of Directors decided the program of the buy back of equal shares and/ or GDR's of the company for a total sum of $60 million. The buy back will last for a year from July 7 2012.