On October 1, 2019 PJSC "LUKOIL" announced the start of an open market repurchase of the Company's shares and the corresponding depositary receipts for an aggregate amount of up to USD 3 billion (hereinafter the "Programme").
Programme parameters
The duration of the Programme is from October 1, 2019 to December 30, 2022. Purchases pursuant to the Programme will be made by LUKOIL Securities Limited, a wholly owned subsidiary of the Company, on the regulated trading venues in compliance with all applicable laws and regulations. Purchases will be executed by qualified international brokers.
Statistics
The breakdown of the purchases is contained in the schedule below.
| Year | Month | Total number | Volume weighted average price, USD | Volume, mln USD | ||
|---|---|---|---|---|---|---|
| Programme announced on October 01, 2019 | ||||||
| TOTAL | 4,804,430 | 83.14 | 399.4 | |||
| 2022 | February | 21.02.2022-25.02.2022 | 904.735 | 74.15 | 67.1 | |
| January | 1,745,138 | 82.69 | 144.3 | |||
| 2021 | December | 1,408,044 | 87.45 | 123.1 | ||
| November | 746,513 | 86.96 | 64.9 | |||
| Programme announced on August 30, 2018 (completed on August 20, 2019) | ||||||
| TOTAL | 37,203,456 | 3,000.0 | ||||
| 2019 | August | 591,418 | 80.83 | 47.8 | ||
| June | 2.269,744 | 80.81 | 183.4 | |||
| May | 3,551,807 | 81.84 | 290.7 | |||
| April | 4,641,380 | 88.24 | 409.5 | |||
| March | 6,013,964 | 87.43 | 525.8 | |||
| February | 5,575,633 | 82.60 | 460.6 | |||
| January | 1,831,809 | 76.66 | 140.4 | |||
| 2018 | December | 6,186,975 | 75.14 | 464.9 | ||
| November | 2,388,204 | 73.36 | 175.2 | |||
| October | 2,671,706 | 73.95 | 197.6 | |||
| September | 1,480,816 | 70.27 | 104.1 | |||
Programme on August 30, 2018 (completed on august 20, 2019)
On August 30, 2018 PJSC "LUKOIL" announced the start of an open market repurchase of the Company's shares and the corresponding depositary receipts for an aggregate amount of up to USD 3 billion (hereinafter the "Programme"). The completion of the Programme was announced on August 20, 2019.
From the start of the Programme LUKOIL Securities Limited (a 100% subsidiary of the Company) purchased in aggregate on the regulated trading venues 13,506,650 ordinary shares and 23,696,806 depositary receipts for the total amount of USD 3 billion. The acquired securities represented 4.96% of the Company's charter capital.
