LUKOIL shares hit historical highs – Kommersant
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Shares of LUKOIL (MOEX: LKOH) against the backdrop of reports about the appointment of a date for the meeting of the board of directors, they updated their historical maximum. During trading on the Moscow Exchange they reached 7,535 rubles. for paper. This follows from the data Moscow Exchanges at 15:19 Moscow time.
By 15:23 Moscow time, shares had slowed down and were trading at RUB 7,516. The previous historical maximum was set on October 26, 2021 at RUB 7,525.
Earlier it became known that on October 26, LUKOIL will hold a meeting of the board of directors, at which they will consider the issue of recommendations on the amount of dividends based on the results of the nine months of 2023. It is planned to discuss preparations for the extraordinary meeting of shareholders.
According to LUKOIL’s dividend policy, dividends on the company’s shares, excluding shares owned by group organizations, amount to at least 100% of adjusted free cash flow.
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