Deputy Finance Minister Alexei Moiseyev said that Lukoil has no plans to buy back its shares from non-residents. “There are no such plans so far,” he said, answering the relevant question on the sidelines of the Moscow Financial Forum. In August 2023, media sources reported that the company had asked the Russian authorities to allow it to buy back up to 25% of its shares from foreign investors at a discount of at least 50%.