MHP buys back 2.3% of equity for USD 27 mln

MHP buys back 2.3% of equity for USD 27 mln



3 липня 2012 года
Конкорд Капитал

MHP (MHPC LI), the CIS’ leading poultry producer, acquired 2.48 mln GDRs (equivalent of 2.3% of shares outstanding) since October 2011, the company reported today. The average buyback price was USD 11.07 per DR (3% below the current market), implying the company spent a total of USD 27.5 mln. Following the buyback, the company's free float decreased to 18.1%, according to our estimates.

Источник: Конкорд Капитал

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