The shareholders of Open Joint Stock Company "Mining and Metallurgical Company Norilsk Nickel" (MICEX:GMKN) authorized a share repurchase program at the Extraordinary General Meeting on January 29, 2013. Under the program, the company will repurchase up to 18,470,925 shares. The purpose of the program is to reduce the share capital of the company.

The company will repurchase the shares by liquidating Norilsk Nickel Investments Ltd.