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Share Capital

The Charter Capital of PJSC "LUKOIL" totals RUB 18,750,000 and is divided into 750,000,000 ordinary shares at par value of 2.5 kopecks per share.

On November 1, 2018 the Charter Capital of PJSC "LUKOIL" was reduced by 100,563,255 to 750,000,000 ordinary shares following the resolution of the Extraordinary General Meeting held on August 24, 2018.

On August 30, 2018 PJSC "LUKOIL" announced the start of repurchase on the open market of the Company's shares and corresponding depositary receipts for an aggregate amount of up to USD 3 billion.

Shares and depositary receipts

As of November 01, 2018 39.4% of the Company`s ordinary shares were issued in the form of depositary receipts.

The common shares are listed on the Moscow Exchange in the first level quotation list and are among the most liquid financial instruments on the Russian stock market. The Company`s shares and depositary receipts are also listed on the London Stock Exchange. The Company`s shares and depositary receipts are included in a number of international indices: MSCI Emerging Markets EMEA, MSCI Emerging Markets Eastern Europe, FTSE Russia IOB, Bloomberg World Oil & Gas etc.

The Company pursues a flexible debt portfolio management policy and borrows on the Russian and international capital markets.