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Norilsk Nickel Plans To Cancel 10 Percent Of Its Shares
Nov. 08, 2012 11:35AM PST
Base Metals Investing Reuters reported Norilsk Nickel (LSE:MNOD) will cancel 10 percent of its shares by mid-April 2013 in an effort to re-balance power.
Reuters reported Norilsk Nickel (LSE:MNOD) will cancel 10 percent of its shares by mid-April 2013 in an effort to re-balance power.
As quoted in the market news:
The cancellation of treasury stock accumulated in a series of share buybacks is expected to be finished by April, one month later than previously expected, Norilsk board member Marianna Zakharova told Reuters via email on Thursday.