Veon (VEON) announced that it will shortly commence the second phase of its previously announced share buyback program with respect to the company’s American depositary shares. This second phase of the buyback will be in the amount of up to $35M. The second phase of the share buyback program is being launched after completion of the $30M first phase on January 27. Veon’s board of directors approved a share buyback program of up to $100M on July 31, 2024.
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