Sistema Makes Buyback Programme Update
OREANDA-NEWS. October 22, 2012. Sistema JSFC ("Sistema" or the "Company") (LSE: SSA), the largest diversified public financial corporation in Russia and the CIS, today announces that during the period of October 10 - October 15, 2012 it has purchased 325,389 Sistema Global Depository Receipts (which accounts for approximately 0.07% of the Company's charter capital) and 1,465,300 Sistema ordinary shares (which accounts for approximately 0.02% of the Company's charter capital), reported the press-centre of Sistema.
In aggregate Sistema has bought back 6,452,619 of GDRs at an average price of USD19.96 per GDR and 19,784,700 of ordinary shares at an average price of RUB 25.96 per share since the start of the share repurchase programme on 6 June 2012 to its completion on 15 October 2012.
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