2 Mar 2011 10:30

NCSP shells out 2.531 bln rubles buying shares from holders against Primorsk Port deal

MOSCOW. March 2 (Interfax) - OJSC Novorossiysk Commercial Sea Port (NCSP) has spent 2.531 billion rubles buying up shares from shareholders not in favor of the port's purchase of Primorsk Trade Port LLC, the company reported.

NCSP bought back 516,686,496 ordinary shares, or roughly 2.7% of overall issued shares.