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    market news

    Norilsk Nickel Might Pay Dividend After $4.5 Billion Buyback, Potanin Says

    Investing News Network
    Apr. 22, 2011 09:42AM PST
    Base Metals Investing

    Bloomberg reports that Norilsk Nickel (LON:MNOD) may pay dividends for 2010 even after spending $4.5 billion to buy back shares.

    Bloomberg reports that Norilsk Nickel (LON:MNOD) may pay dividends for 2010 even after spending $4.5 billion to buy back shares.

    The market news is quoted as saying,

    “Minority shareholders want stability, even with the shareholders conflict,” Potanin said in an interview in Moscow yesterday. “Norilsk has good financials, so I see no reasons why the company shouldn’t pay dividends.”

    For the complete market news, click here.

    norilsk nickelmarket newslon:mnod
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