Uralkali Released Update on Buyback Programme
OREANDA-NEWS. Uralkali (LSE: URKA) announces that pursuant to Uralkali's buyback programme announced on 13 November 2012, the following purchases of Uralkali's shares and GDRs were made during the week from 17 through 21 June 2013:
11,637,000 shares at an average price of USD 6.80;
1,851,344 GDRs at an average price of USD 33.73.
Therefore, since the start of Uralkali's buyback programme the securities at the total amount of approximately USD 877 million have been purchased.
Uralkali is one of the world's largest potash producers with a share of about 20% of global potash production. The Company's assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 11,800 people (in the main production unit). Uralkali's shares and GDRs are traded on the RTS-MICEX and LSE, respectively.
Комментарии