Nornickel considers $2 billion buyback in compensation for lower dividend
By Olachi in Business
Updated 3 years ago
MOSCOW (Reuters) - Nornickel’s major shareholders have agreed to propose a $2 billion share buyback to the board this year, the Russian metals producer said on Friday, partial compensation for a smaller than expected final dividend. The group, a leading nickel producer and the world’s largest producer of palladium, was...