Uralkali Considering Share Buyback

Reuters reported that Uralkali’s board of directors are considering a share buyback programme.

As quoted in the market report:

Uralkali launched a previous programme to buy back up to $2.5 billion worth of stock in Oct. 2011, spending $863 million. This summer Uralkali agreed to cancel 5 percent of its stock held in treasury after that buyback programme.

To view the whole Reuters report, click here.