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Name | Symbol | Market | Type |
---|---|---|---|
YPF Sociedad Anonima | NYSE:YPF | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.66 | 2.95% | 23.02 | 23.555 | 22.39 | 22.74 | 2,838,133 | 01:00:00 |
A former chief executive of YPF SA (YPF), Sebastian Eskenazi, told Antonio Brufau, chairman at parent company Repsol YPF SA (REP.MC), that he won't immediately seek to enforce a buyback option on YPF, Bloomberg News reported Wednesday on its website, citing two people familiar with a meeting between the two men last week in Madrid.
The Eskenazi family, holders of a 25% stake in YPF, is instead looking at other options for that stake after the Argentine government seized control of the unit last week, a person told Bloomberg. Repsol, in 2008, agreed to buy back the stake should Repsol lose control of YPF.
The family is awaiting a decision by the Argentine congress as to whether to approve a bill to nationalize a 51% stake in YPF.
Full story at: www.bloomberg.com/news/2012-04-25/eskenazi-said-to-tell-repsol-he-won-t-enforce-ypf-buyback-pact.html
-Dow Jones Newswires; 212-416-2900
1 Year YPF Sociedad Anonima Chart |
1 Month YPF Sociedad Anonima Chart |
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