OREANDA-NEWS. August 7, 2007. There was held the regular stockholders’ meeting of KAMAZ Inc. in Moscow.

It was decided to reduce the authorized capital stock of KAMAZ Inc. through buying not more than 78 574 757 common nominal stocks that is 10% of the authorized capital stock of the company. The price of one common stock is 83 roubles 31 kopecks.

For financing of stock purchase KAMAZ Inc. plans to place bonded debt of 6,5 billion roubles. The organizers of the issue are IC “Troika-Dialogue” and Bank “Zenith”.