Russia’s Polyus Gold to start buyback at 4,041 rbl/share

MOSCOW, Mar 11 (PRIME) -- Russian gold producer Polyus Gold plans to announce a buyback with the price standing at 4,041 rubles per share and 2,021 rubles per American depositary receipt (ADR), the company said in a statement on Friday.

The company can purchase up to 33.14% of its shares and up to 33.14% of ADRs, the total buyback volume can reach 255.298 billion rubles.

(71.0928 rubles – U.S. $1)

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