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KDD Group examines options for share buyback, project partners

KDD Group examines options for share buyback, project partners

10 November 2008

KDD Group (KDDG LN) Vice President Peter Radchuk told Interfax on Friday that the company was studying its options for conducting a share buyback. Radchuk also said that KDD was searching for partners to jointly purchase new projects. Alexander Romanov: The share buyback is a feasible option for KDD Group as the company’s current cash position amounts to USD 63 mln, while its total debt amounts to USD 17 mln.

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