Arab Today, arab today vtb to complete people\s ipo buyback on friday
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

VTB to complete people\'s IPO buyback on Friday

Arab Today, arab today

Arab Today, arab today VTB to complete people\'s IPO buyback on Friday

Moscow - Ria Novosti

VTB, Russia\'s second largest bank, will complete a buyback of its shares sold in a \"people\'s IPO\" in 2007 on Friday. As for 7:00 p.m. Moscow time on Thursday, about 77 percent of shareholders filed bids to sell back their shares, VTB 24, the bank\'s retail arm, said. Payments are scheduled to be completed by April 30. The purchase will be made at the price of the initial public offering, i.e. 13.6 kopecks per share, VTB 24 head Mikhail Zadornov said in February. VTB share prices declined soon after the IPO and have yet to recover to the offer price level. The market price is currently about seven kopecks per share. Prime Minister Vladimir Putin instructed state-controlled VTB in late January to devise a buyback plan for the people\'s IPO, which targeted members of the general public. Almost 120,000 retail investors in Russia bought shares in May 2007, part of a larger offering in which VTB floated 22.5% of its stock, raising some $8 billion.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vtb to complete people\s ipo buyback on friday Arab Today, arab today vtb to complete people\s ipo buyback on friday

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vtb to complete people\s ipo buyback on friday Arab Today, arab today vtb to complete people\s ipo buyback on friday

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday