Yandex NV planning share buyback by end-2024, TASS reports-February 2024-www.financetom.com

Yandex NV planning share buyback by end-2024, TASS reports

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Yandex NV planning share buyback by end-2024, TASS reports

May 22, 2024 3:50 AM

MOSCOW, May 22 (Reuters) - The Dutch parent of Russian

technology company Yandex ( YNDX ) plans to buy back shares from

shareholders by the end of 2024, Russia's TASS news agency cited

the company as saying on Wednesday.

The Dutch firm, Yandex NV ( YNDX ), last week said it had completed

the first phase of a $5.2 billion deal to sell its assets in

Russia to a consortium of Russian investors, and floated the

possibility of a share buyback.

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