Norilsk Surges as Potanin Said to Seek 2% Buyback: Moscow Mover
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OAO GMK Norilsk Nickel jumped to a one-month high after Vladimir Potanin’s Interros Holding asked the board to consider buying back as much as 2 percent of its stock, according to two people with knowledge of the request.
Norilsk added 1.9 percent to 5,387 rubles by 2:23 p.m. in Moscow, the highest intraday level since May 12.