Uralkali (LSE: URKA) announces that pursuant to Uralkali’s buyback programme announced on 7 October 2011, the following purchases of Uralkali’s shares and GDRs were made during the week from 16 January through 20 January 2012:
- 510,000 shares at an average price of USD 7.16;
- 100,000 GDRs at an average price of USD 35.72.
Therefore, since the start of Uralkali’s buyback programme the securities at the total price of approximately USD 404 million have been purchased.
For more details on the buyback programme please see Uralkali's website http://www.uralkali.com/investors/shareholder_inf/buyback/.
Uralkali (www.uralkali.com) is one of the world’s largest potash producers with a market share of about 20%. The Company’s assets consist of 5 mines and 8 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs over 23,000 people. Uralkali’s shares and GDRs are traded on the LSE, RTS and MICEX.
