VEON launches $200 million buyback for 3.9% of outstanding shares and cancels them
AI Summary- VEON announced a program to repurchase and cancel 3.9% of its outstanding shares.
- $200 million represents 72.5 million shares, or 2.9 million ADSs, at $69.37 per ADS.
- VEON has repurchased 4.46 million ADSs for $227.6 million since August 2024.