Buyback program
17 December 2021 the Board of Directors of PAO NOVATEK has unanimously approved a new Buyback Program in respect of NOVATEK's ordinary shares and/or Global Depositary Receipts representing shares in the aggregate amount of up to one billion US dollars. The Program is valid for five years from the date of approval. The Board of Directors terminated the previous Buyback Program announced on 7 June 2012.
Approval of the new Buyback Program demonstrates the confidence of the Board of Directors in the Company's business fundamentals and development prospects.
Buyback Program Information
Period | Quantity of shares, including GDRs |
---|---|
until 17 December 2021 | 39 033 229 |
2021 Program | |
10-14 January 2022 | 384 187 |
17-21 January 2022 | 584 130 |
24-28 January 2022 | 471 439 |
14-18 February 2022 | 883 794 |
21-25 February 2022 | 4 899 175 |