NLMK shareholders approve 2019 dividendsSource: RNS
29 May 2020
NLMK shareholders approve 2019 dividends
At the Extraordinary General Meeting of Shareholder (EGM) held on 29 May 2020, NLMK shareholders approved the payment of Q4 2019 dividends of RUB 3.12 per share. Considering the previously paid interim dividends, total 2019 dividends will amount to 17.36 rubles per share.
The date upon which the shareholders entitled to Q4 2019 dividends will be determined was set as 9 June 2020.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.NLMK's ordinary shares with a 18.6% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital please follow the link.
For more information about NLMK Group, please visit our website.
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Dmitry Kolomytsyn, CFA
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