Gazprom obtains offers worth $ 3.15 billion for the sale of treasury shares



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The logo of the Russian gas giant Gazprom appears on a board at the St. Petersburg International Economic Forum (SPIEF) in Russia on June 6, 2019. REUTERS / Maxim Shemetov

MOSCOW (Reuters) – Gazprom (GAZP.MM), the world's largest conventional gas producer, announced Thursday that it has received offers worth 198.89 billion rubles ($ 3.15 billion) for 3% of its own shares sold on the market.

Gazprom sells a stake of 3%, taking advantage of the fact that its share price is close to its highest level for more than ten years. The stake is $ 2.3 billion, according to Refinitiv Eikon data.

Report by Andrey Ostroukh. Edited by Jane Merriman

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