Uralkalii quits the stock exchange after another buy back

On August 24th the Board of Directors of Uralkalii will consider the recommendation of the Audit Committee concerning the saving of its listing on the LSE as well as on opportunity of starting a new buyback program.

 

Comments

V. Tanukov, analyst of IK “Veles Capital”.

We don’t forecast the decision of the Board upon the issue of its listing and buyback. We only say that the expectations of a possible buyback are present in the company’s listing which has recently showed a significant growth, and in the case the expectations are not met, there is a high opportunity of a sharp fall of listing.

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