The Board of Directors of PhosAgro recommended paying dividends in the amount of 465 rubles. per share
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The board of directors of the fertilizer manufacturer PhosAgro recommended paying dividends for 2022 at the rate of 465 rubles. per share. This comes from a post on site companies.
The shareholders’ meeting of PhosAgro will be held on March 4. They are recommended to close the register to receive dividends on April 4, 2023.
Against the backdrop of the company’s announcement, Phosagro’s shares during trading on the Moscow Exchange are growing by more than 4%. By 15:26, the shares were trading at 7,030 rubles.
In 2022, it follows from the company’s message, IFRS profit increased by 42% compared to 2021, to 184 billion rubles. According to Phosagro, in 2022 the company set a new historical record by producing 11.1 million tons of agrochemical products. This is almost 5% more than in 2021. 63 billion rubles were allocated for investments last year. In 2023, it is planned to increase this amount to 67 billion rubles.
The Russian chemical holding Phosagro is one of the world’s leading producers of phosphorus-containing fertilizers. The company ranks first in Europe and third in the world in the production of phosphorus-containing fertilizers.
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