Evraz is about to buy back shares for up to $375 mln
Edited by Rhod Mackenzie / 2015-04-01 10:47:37
Evraz has announced about its plan to buy out stocks at up to $375 million, $3.1 per a paper, runs the company’s statement.
The question on the purchase of shares will be discussed at a general meeting, which will take place on April 17. Evraz can purchase up to 120.97 million shares (appr.8% company stock) at a premium of 10% to the closing price on March 31. The results of the share buyback will be announced on April 20.
