Dagsvyazinform Completes Share Buyback
OREANDA-NEWS. November 29, 2010. Dagsvyazinform has completed the buyback of shares from shareholders which voted at the repeat shareholders meeting on July 26, 2010 against the reorganization of the company as a merger with Rostelecom or failed to participate in the voting on this issue.
In accordance with the Report on the Results of Shares Presented for Buyback by Shareholders, which was approved under a resolution of the Board of Directors of Dagsvyazinform, 3,116 common shares and 105,780 preferred shares were subject to buyback.
The price approved by the Board of Directors of the company for the share buyback was RUR 44.11 per one common share and RUR 44.11 per one preferred share.
The total amount allocated for the share buyback was equal to RUR 4,803,402.56.
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