Bloomberg News

President Says Rostelecom to Expand Share Buyback, RIA Reports

February 03, 2012

Feb. 3 (Bloomberg) -- OAO Rostelecom may expand its share buyback program through a secondary placement of stock after state-run companies cut their stakes, the RIA Novosti newswire reported, citing Rostelecom president Alexander Provotorov.

--Editor: Emma O’Brien

To contact the reporter on this story: Halia Pavliva in New York at hpavliva@bloomberg.net

To contact the editor responsible for this story: Emma O’Brien at eobrien6@bloomberg.net


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