Globaltrans Investment GDR RegS (GB:GLTR) has released an update.
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Globaltrans Investment PLC announced that its subsidiary, LLC ‘GTI FINANCE’, has initiated a tender offer to buy back its global depositary receipts (GDRs) at a price of RUB 520 each. The offer, following the results of a recent shareholders’ meeting, starts today and is set to conclude by November 6, 2024. Specific details about the tender offer will soon be available on the Globaltrans corporate website.
For further insights into GB:GLTR stock, check out TipRanks’ Stock Analysis page.