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flag Shah Capital urges Veon to list Kyivstar on Nasdaq and initiate a $100m share buyback to boost stock performance.

flag Shah Capital Management, which owns 7% of Veon Ltd., has urged the telecommunications company to improve its stock performance by listing its Ukrainian subsidiary, Kyivstar, on Nasdaq and initiating a $100 million share buyback. flag Veon, which is delisting from Euronext Amsterdam, is exploring IPOs for Kyivstar and its Pakistan unit, Jazz. flag Shah Capital believes Veon should achieve a higher valuation compared to its peers and has suggested strategic changes to unlock potential growth.

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