Shareholder abuser Yukos seeks to win over sceptical oil investors

Headline: Shareholder abuser Yukos seeks to win over sceptical oil investorsSource: EuromoneyDate: November 2000Author: Ben Aris Investors’ memories are notoriously short but a 1,000% increase in the share price of Yukos, Russia’s second largest oil company and its most notorious shareholder rights abuser, seems to denote nothing less than mass amnesia. Yukos has been on […]

Headline: Shareholder abuser Yukos seeks to win over sceptical oil investors
Source: Euromoney
Date: November 2000
Author: Ben Aris

Investors’ memories are notoriously short but a 1,000% increase in the share price of Yukos, Russia’s second largest oil company and its most notorious shareholder rights abuser, seems to denote nothing less than mass amnesia.

Yukos has been on a charm offensive since the start of the year and investors are beginning to buy. What is changing attitudes is not so much the hype as the company’s performance.






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