ROSNEFT BUYS $2 BLN
ROSNEFT- In line with strategic initiatives announced by Rosneft on April 25, 2018, the Board of Directors of Rosneft Oil Company approved the terms and launch of the open market share buyback program, which would also cover the holders of depositary receipts, in the amount of up to US$2bn (the "Program").
The Program will be launched from the date of the Board's approval and will run to December 31, 2020. The maximum amount of shares and depositary receipts to be repurchased under the Program will not exceed 340,000,000 shares, while the precise amount…
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