STXNEWS LATAM-Brazil steelmaker CSN extends share buyback program

lunes 29 de septiembre de 2014 08:39 GYT

The board of Brazilian steelmaker Cia Siderurgica Nacional has approved the repurchase of around 9 percent of its shares until Dec. 29, according to a filing on Monday.

Its previous share buyback program ended on Sept. 25. The company, known as CSN, hopes to boost its share price and distribute cash to shareholders.