NORNICKEL CANCELS TREASURY SHARES
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MMC Norilsk Nickel (MNOD)
PRESS RELEASE Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC “MMC “Norilsk Nickel”, “Nornickel” or the “Company”) NORNICKEL CANCELS TREASURY SHARES October 4, 2022 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that the 791,227 ordinary shares, which had been bought back from shareholders in June 2021, were cancelled yesterday. ABOUT THE COMPANY MMC Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and other products. The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland. MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are accepted for trading on the Saint-Petersburg Stock Exchange.
Media Relations: Investor Relations: Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 Email: [email protected] Email: [email protected]
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| ISIN: | US55315J1025 |
| Category Code: | MSCL |
| TIDM: | MNOD |
| LEI Code: | 253400JPTEEW143W3E47 |
| Sequence No.: | 192302 |
| EQS News ID: | 1456415 |
| End of Announcement | EQS News Service |
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Norilsk Nickel ADR Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Norilsk Nickel ADR stock is not clear.
With a target price of 33 € there is potential for a 120.59% increase which would mean more than doubling the current price of 14.96 € for Norilsk Nickel ADR.
