# Gazprom’s board to consider buying shares
Author:  Pal Sinha,Barnali
Author URL: https://fintechherald.com/author/pal-sinha-barnali
Published: 2023-09-06
Category: Headlines
Category URL: https://fintechherald.com/category/headlines
Meta Title: Gazprom Board Meeting to Consider Buying Shares
Meta Description: Russian gas giant Gazprom plans to discuss potential share purchases at a board meeting, amid rising tension with Ukraine and Western sanctions.
URL: https://fintechherald.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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