Gazprom sells USD 3 billion shares

RUSSIA / FSU POLITICS - In Brief 25 Nov 2019 by Alex Teddy
On November 22 Gazprom sold USD 3 billion in shares to an unknown buyer. Gazprom sold 3.6% of its shares. CEO Alexey Miller announced earlier in 2019 that there was a share offloading scheme. There was a 7 hour window on November 21 when people could bid for shares and almost 500 people applied. There are quasi Treasury shares which do not qualify for dividends.

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