RusPetro is not going to hold buyback in near time
Edited by Rhod Mackenzie / 2013-09-20 10:01:51
RusPetro Plc is not going to hold buyback in near time, the chief of RusPetro for Investment Relations D. Manley says. The President and the co-owner of RusPetro is the former top-manager of FSC UES.
In June 2012, within 6 months after placement of a part of stocks within IPO at LSE, RusPetro announced about possible buying out of up to 10% of own shares, i.e. up to 33,338,148,000 shares, by minimal (nominal) price of 0.1 pounds. Such opportunity is presupposed by the foundation documents and admitted by the annual shareholders session.
