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Back in September of last year, I outlined a possibility that Lukoil may initiate a buyback program for non-Russian investors.
Many months later, the company still stays silent on the matter.
I still think that the buyback may be announced later this year.
In my previous article about Lukoil ( OTC:LUKOY ), I discussed the possibility that Lukoil may buy back shares of non-Russian investors, providing an opportunity for investors to exit the stock....