CEO: Mobile operator MTS may buy back shares for 15 bln rbl - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CEO: Mobile operator MTS may buy back shares for 15 bln rbl

MOSCOW, Mar 13 (PRIME) -- The Russian mobile operator MTSТ buyback may amount to 15 billion rubles, President Alexei Kornya said late on Thursday at a conference call.

УAs to the buyback, we think we have a very strong financial position now, we demonstrate very good operating results, weТre positive about 2020 from the point of view of our main growth and potential OIBDA. In view of these factors, we think it possible to provide extra return on equity,Ф Kornya said.

УConsidering the macroeconomic volatility and fall of prices on the bourses, we think it is more effective to use the buyback form, which is a preferential option for us now. As I said, the total volume weТre considering now is 15 billion rubles.Ф

(74.0274 rubles Ц U.S. $1)

End

13.03.2020 11:29
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 89.2508 -0.2305 24 sep
USD 76.3545 +0.0834 24 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1202.27 +0.77 17:49 23 sep
micex 2933.28 +1.69 17:49 23 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 179.00 +1.03 23:49 23 sep
lkoh 4529.00 +0.40 23:49 23 sep
rosn 374.80 +1.76 23:49 23 sep
sber 229.88 +1.60 23:49 23 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 89.7700 +0.5500 14:59 23 sep
USDTD 76.2000 -0.2100 17:44 23 sep