Evraz to buy back its shares at $336 mln
Edited by Rhod Mackenzie / 2015-04-20 08:06:37
Evraz plc within the frame of buy back will buy the shares at $ 336.2 million or 7.2% of the capital. It goes from the statement by Evraz.
The company Evraz has announced plans to buy back shares, worth up to $ 375 million, at a price of $3.1 per a share. Totally, Evraz may purchase up to 120,97 million shares (approximately 8% of the company’s shares) at a premium of 10% to the closing price on March 31st.