RBC buys back 682,870 shares
Moscow, November 29, 2010 â€” Today, OAO RBC Information Systems announced that it has paid for its ordinary shares in the course of its obligatory share buyback.
RBC has fully performed its obligation to pay for 682,870 shares that were proposed for buyback in connection with the approval of major transactions by shareholders at the extraordinary meeting of shareholders on December 30, 2009. The buyback price per share was determined at RUB 38.49 based on a market estimate of the companyâ€™s share price provided by an independent appraiser. The total amount paid equals RUB 26.3m.