KazMunaiGas Buys Back 120 000 GDR on LSE
OREANDA-NEWS. March 10, 2009. KazMunaiGas Exploration Production (Astana), shares of which are present in Kazakhstan Stock Exchange (KASE) official list, disseminated today the press release on the following, reported the press-centre of KASE:
JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 24 November, 2008, on March 5, 2009 the Company acquired 120,000 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of US12.4313 per GDR.
Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 2, 956,555 GDRs and 49,622 ordinary shares.
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