Azernews.Az

Sunday April 27 2025

Rosneft buy-back program for $2 bln to continue until end of 2020

6 August 2018 14:24 (UTC+04:00)
Rosneft buy-back program for $2 bln to continue until end of 2020

By Trend

The Board of Directors of Russial oil major Rosneft, in accordance with the strategic initiatives announced by the company on April 25, 2018, approved the parameters and the launch of the acquisition program of shares on the open market, including global depositary receipts certifying the rights to such shares, for a maximum of up to $2 bln, the company said on Monday, TASS reports.

The program will be implemented from the date of approval by the Board of Directors until December 31, 2020, inclusive.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more