NLMK shareholders did not approve the payment of dividends for nine months
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Shareholders of the Novolipetsk Iron and Steel Works (NLMK) did not approve the payment of dividends for the nine months recommended by the board of directors, which considered possible a dividend of 2.6 rubles. per share.
The shareholders’ decision was made at the meeting today, December 31. “The company assumes that this shareholder decision is due to high macroeconomic and geopolitical uncertainty,” the company said in a statement. press release NLMK. The issue of paying dividends will be considered at the annual general meeting of shareholders in June 2023.
NLMK did not disclose financial statements for nine months. In December, the group’s board of directors recommended considering the payment of dividends for this period. In December NLMK announced on termination of circulation of depository receipts.
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