tiprankstipranks
Company Announcements

RUSAL’s Hedge Dispute Dismissed by Kaliningrad Court

Story Highlights
RUSAL’s Hedge Dispute Dismissed by Kaliningrad Court

Discover the Best Stocks and Maximize Your Portfolio:

United Co RUSAL ( (HK:0486) ) has shared an announcement.

United Company RUSAL announced the dismissal of a significant corporate dispute involving a claim for $760 million related to hedging transactions. The Commercial Court of Kaliningrad Oblast ruled to dismiss the claim from SUAL Partners, ILLC, and terminated proceedings related to Mr. Randolph Reynolds, which could positively impact RUSAL’s operational stability and reassure stakeholders.

More about United Co RUSAL

United Company RUSAL is a major player in the aluminum industry, primarily focusing on the production and sale of aluminum and related products. It operates as an international public joint-stock company, incorporated in Jersey and continued in the Russian Federation, with its shares listed on the Moscow Exchange.

Average Trading Volume: 916,999

Learn more about 0486 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1