BRIEF-Rusal Says It Is Considering Share Repurchase Of Up To RUB 15 Bln

Reuters

2024/10/09

Oct 9 (Reuters) - OK Rusal MKPAO :

* REPURCHASE OF COMPANY'S SHARES IN AMOUNT OF UP TO RUB 15 BILLION

* COMPANY HAS COMMENCED A PRELIMINARY EVALUATION OF UNDERTAKING A SHARE REPURCHASE FOR BOARD'S FURTHER CONSIDERATION

* COMMENCED A PRELIMINARY EVALUATION OF UNDERTAKING A SHARE REPURCHASE FOR BOARD'S FURTHER CONSIDERATION

* SHARE REPURCHASE MAY OR MAY NOT PROCEED

* NUMBER AND REPURCHASE PRICE OF SHARES HAVE NOT BEEN DETERMINED YET

* CONSIDERED THAT A REPURCHASE OF UP TO RUB 15 BILLION COULD BE BENEFICIAL TO SHAREHOLDERS

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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