AvtoVAZ may issue 320 mln euros of new shares - source

MOSCOW, March 10 (Reuters) - Russian carmaker AvtoVAZ may place around 320 million euros ($434.2 million) of new shares as part of its restructuring plan, a source close to the company told Reuters on Wednesday.

The Lada-maker could count on 25 percent shareholder Renault to buy its allotted stake in the firm, the source added, while stressing the move was only under consideration.

(Reporting by Gleb Stolyarov, Writing by John Bowker; Editing by Dmitry Sergeyev) ($1=.7369 Euro) Keywords: AVTOVAZ/ ([e-mail];[phone] Reuters Messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.