Russia Norilsk Nickel to Buy Back 13.8 Mln Shares

Jan. 25 -- Norilsk Nickel (GMKN.MM), the world's largest nickel and palladium miner, on Monday said 13.8 million shares were tendered following its buyback offer, less than the maximum, meaning it will purchase all of the shares.

The miner's Corbiere Holdings vehicle last week increased the size of the share buyback to 13.9 million shares, or 7.3 percent of the company, from 11.9 million shares. [ID:nLDE70K0SV]