Nordgold spends $ 25.3 million under the buy back.
Edited by Rhod Mackenzie / 2015-09-21 02:04:34
Aleksey Mordashov’s Nordgold bought from the market another 235.727 million of global depositary receipts (GDR) at an average price of 2.9 dollars per piece, totaling 683.103 thousand dollars, the company informs.
Transactions took place from September 14 to 18. As a result, the company has repurchased approximately 8.888 million GDR for a total amount of 25.284 million dollars. Currently 373.142 million shares of Nordgold are in circulation. About 90% of the share capital is owned by Mordashov.
