Will the buyback be able to stop the decline of Sistema shares?

News: Sistema announced that it is extending until December 31, 2021 the program on buyback or repurchase of shares up to 3 billion rubles.

It should be reminded that this implies a reverse placement procedure, which usually leads to an increase in the price of the shares of the redeeming company. Perhaps, this news will help to stop the downward correction of recent weeks in Sistema's shares.

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