September 12, 2018 / 8:14 AM / 8 days ago

Rosneft CEO: no grounds for share buyback now - Ifax

MOSCOW, Sept 12 (Reuters) - Igor Sechin, chief executive of Russia’s top oil producer Rosneft, said on Wednesday he did not see grounds for a share buyback now, Russian news agencies quoted him as saying.

Last month, Rosneft board of directors had approved the structure and parameters of a share buyback programme amounting to up to $2 billion. The programme will run until the end of 2020 and Rosneft may cancel some of the shares if necessary.

Reporting by Katya Golubkova, editing by Louise Heavens

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below