trending Market Intelligence /marketintelligence/en/news-insights/trending/chkwlhtu3bglxiwet_ncia2 content esgSubNav
In This List

KazMunaiGas repurchases 3.77B Kazakhstan tenge worth of preferred shares

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch

Blog

Perspectives from China: Chinese M&A in 2022


KazMunaiGas repurchases 3.77B Kazakhstan tenge worth of preferred shares

JSC KazMunaiGas Exploration Production, a subsidiary of state-owned National Co. KazMunayGas JSC, said Sept. 5 that it repurchased 3.77 billion Kazakhstan tenge worth of its preferred shares from Aug. 17 to Aug. 18.

A total of 294,702 preferred shares were repurchased at 12,800 tenge per share as part of a repurchasing program that was announced Aug. 13 and is scheduled to run until Nov. 16.

As of Sept. 5, US$1 was equivalent to 371.1 Kazakhstan tenge.