LSR Group to buy back 8 bln rbl of shares

MOSCOW, Jul 30 (PRIME) -- The board of directors of Russian real estate developer LSR Group has decided to buy back 10.3 million shares at 780 rubles apiece, for a total sum of 8 billion rubles, the company said in a statement on Friday.

Bids for the buyback will be accepted from August 20 through September 20, and the payment is to be sent no later than on October 5.

(73.1904 – U.S. $1)

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