15 Jul 2016 16:58
RELEASE
15.07.2016
Gazprom buying out its own shares from Vnesheconombank
Gazprom Group today signed a number of agreements with Vnesheconombank to purchase a block of ordinary shares and ADRs representing Gazprom's ordinary shares that amounts to 3.59 per cent of the Company's equity capital.
«Gazprom's shares are strongly undervalued by the market and have considerable growth potential. This is why we seized the opportunity to buy out a large block of our shares», said Alexey Miller, Chairman of the Gazprom Management Committee.
INFORMATION DIRECTORATE, PJSC GAZPROM
www.gazprom.ru
__________________________________________________________________________
Media Investment Community
+7 (495) 719-10-77 +7 (495) 719-34-83
+7 (495) 719-47-36
+7 (495) 719-24-32
+7 (495) 719-28-01
pr@gazprom.ru ir@gazprom.ru