# Gazprom’s board to consider buying shares
Published: 2023-09-06
Category: Headlines
Category URL: https://entrepreneurtribune.com/category/headlines/
Meta Title: Gazprom Considers Buying Shares Amid Russian Investment
Meta Description: Stay updated on Gazprom's potential share acquisition plans and how it may impact the market. Find out more about the latest developments here.
URL: https://entrepreneurtribune.com/gazproms-board-to-consider-buying-shares/

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## Gazprom’s board to consider buying shares

MOSCOW (Reuters) – The board of Russian natural gas giant Gazprom said on Tuesday that it will consider buying shares of the company at a meeting scheduled for Sept. 13.

It did not elaborate in the regulatory filing.

Several Russian companies, such as oil producer Lukoil and retailer Magnit, have announced plans to buy shares from foreign investors, who were deprived of the ability to trade in Russian securities following Western sanctions over Russia’s conflict with Ukraine and Moscow’s counter-measures.

It was not immediately clear whether Gazprom’s announcement may mean it is also considering such a move.

(Reporting by Vladimir Soldatkin; Editing by Sandra Maler)


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