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Norilsk Nickel Says It May Delay The Cancellation Of Treasury Stocks
Nov. 06, 2012 10:08AM PST
Base Metals Investing Reuters reported Norilsk Nickel (LSE:MNOD) may delay a cancellation of treasury stock which could have boosted its share price due to a legal dispute with shareholder RUSAL .
Reuters reported Norilsk Nickel (LSE:MNOD) may delay a cancellation of treasury stock which could have boosted its share price due to a legal dispute with shareholder RUSAL .
As quoted in the market news:
Norilsk’s board will take another look at the plans to cancel around 10 percent of outstanding stock held in treasury at a meeting on Wednesday, the company said on Tuesday.