Novatek will allocate 30% of net profit by ISA to dividends payment

Last Friday the Board of Directors of the company agreed the Regulations on the dividend policy. In accordance with the Regulations, Novatek will allocate 30% of net profit by ISA to dividends payment. Earlier they practiced the allocation to dividends payment of not less than 30% of net profit by RAS, and actual dividends were not less than 30% of consolidated net profit by ISA.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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