NLMK BoD recommends dividends for Q2'21Source: RNS
22 July 2021
NLMK Board of Directors recommends dividends for Q2 2021
NLMK Group's Board of Directors recommended NLMK shareholders to approve Q2'21 dividend in the amount of RUB 13.62 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 27 August 2021.
The Board of Directors also recommended that shareholders set the date upon which the shareholders entitled to Q2'21 dividends will be determined as 7 September 2021. The list of persons entitled to participate at the EGM will be compiled as of 2 August 2021.
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 18 million tonnes per year.
NLMK's ordinary shares with a 20.7% 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 information about NLMK Group, please visit our website.
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Dmitry Kolomytsyn, CFA
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