MOSCOW, Aug 2 (PRIME) -- Russian independent gas producer Novatek has bought back 247,330 common shares, including shares held in the form of global depositary receipts (GDRs), from July 25 through July 29, the company said in a statement on Tuesday.
In May, the board of directors extended a U.S. $600 million buyback program until June 7, 2017. Under the program, the company will buy its shares and GDRs via its unit Novatek Equity (Cyprus) Limited.
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