The Board of Directors of LUKOIL recommended dividends in the amount of 256 rubles per share

The Board of Directors of LUKOIL recommended dividends in the amount of 256 rubles per share

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The Board of Directors of LUKOIL recommended that shareholders pay dividends for the first ten months of 2022 in the amount of 256 rubles. per share. The shareholders’ meeting will take place on December 5. The list of persons entitled to receive dividends will be determined as of December 21.

“In 2022, due to the termination of access to international capital markets, the company directed a significant amount of its own funds to early repayment of debt, the redemption of Eurobonds and the financing of asset acquisition transactions. Therefore, in order to maintain a stable financial position of the company, these factors were taken into account when determining the recommended amount of an interim dividend,” the statement says. press release.

In May LUKOIL postponed payment of dividends for 2021. October 28 Board of Directors of the company recommended pay dividends for the last year at the rate of 537 rubles. per share.

Read about the dividends of Russian companies in the material “Kommersant” “Get What You Didn’t Get”.

Laura Keffer

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