Gazprom gets bids worth $3.15 billion for sale of own shares

Singapore News News

Gazprom gets bids worth $3.15 billion for sale of own shares
Singapore Latest News,Singapore Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Gazprom , the world's biggest conventional gas producer, said on Thursday i...

The logo of Russian gas giant Gazprom is seen on a board at the St. Petersburg International Economic Forum , Russia, June 6, 2019. REUTERS/Maxim Shemetov

MOSCOW - Gazprom , the world’s biggest conventional gas producer, said on Thursday it had received bids worth 198.89 billion roubles for 3% of its own shares that it is selling into the market. Gazprom is selling a 3% stake as it is taking advantage of the company’s stock price being near its highest level in more than a decade. The stake is worth $2.3 billion, according to Refinitiv Eikon data.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing lost nearly $3 billion in the second quarter as its 737 Max crisis drags onBoeing lost nearly $3 billion in the second quarter as its 737 Max crisis drags onThe embattled planemaker previously announced $5 billion charge related to the prolonged grounding of its 737 MAX jet, sending shares sharply lower.
Read more »

Boeing Warns It Could Halt 737 MAX Production If Return Is Further Delayed, Reports $3 Billion LossBoeing Warns It Could Halt 737 MAX Production If Return Is Further Delayed, Reports $3 Billion LossAs it falls deep into the red due to the grounding of the 737 MAX, CEO Dennis Muilenburg says if the plane's reentry to service is further delayed, a temporary stoppage to 737 production could be preferable to slowing the line.
Read more »

NBCUniversal Projects More Than $1.2 Billion in Ad Sales for 2020 OlympicsNBCUniversal Projects More Than $1.2 Billion in Ad Sales for 2020 OlympicsNBCUniversal projected it would sell more than $1.2 billion in advertising for its 17 days of broadcasts of the 2020 Olympics from Tokyo, citing the event as a rare opportunity for Madison Avenue t…
Read more »

America's heroic abolitionist Harriet Tubman gets her own biopicAmerica's heroic abolitionist Harriet Tubman gets her own biopicHarriet Tubman may not have her face on a $20 bill, but plans for a biopic in her name are becoming a reality.
Read more »

'Flip or Flop' Star Tarek El Moussa Is Getting His Own HGTV Series'Flip or Flop' Star Tarek El Moussa Is Getting His Own HGTV SeriesTarek El Moussa is taking his house-flipping knowledge to a new show!
Read more »

A fleet of boats, a corrupt crew, and fresh locks — here's how smugglers loaded $1 billion worth of cocaine onto a ship owned by JPMorganA fleet of boats, a corrupt crew, and fresh locks — here's how smugglers loaded $1 billion worth of cocaine onto a ship owned by JPMorganFederal agents took about a week to weigh and catalog the nearly 20 tons of cocaine seized on the MSC Gayane.
Read more »



Render Time: 2025-04-13 20:56:47