Date: 4 days ago   Category: Energy

Lukoil within share repurchase acquired 1.3 million shares for $105.9 million — Rambler News Service


Photo: PJSC Lukoil via globallookpress.com Lukoil acquired from February 4 to February 8, 2019 within the program of share repurchase (buyback) 1.29 million common stocks, follows from materials of the company. The market value of a package is $105.912 million ($82.18 for paper at the Moscow Exchange and $82.06 at the London exchange). Earlier, from September 12, 2018 to February 1, 2019, Lukoil acquired 13.81 million common stocks for $1.097 billion. At the end of August Lukoil reported about the beginning of the program of share repurchase of stocks of the company, including in the form of depository receipts, in the open market for total amount up to $3 billion. Within the program it is planned to redeem 44 million common stocks of the company, or 5.2% of its authorized capital.

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