VSMPO-Avisma to pay 8.7 bln rbl in January–June dividends

Russian Aviaton » Thursday October 4, 2018 13:20 MSK

photo courtesy by VSMPO-AVISMA press-service

The shareholders of Russian titanium giant VSMPO-Avisma have approved paying 756 rubles per share, or 8.7 billion rubles, in dividends for January–June, the company said in a report Thursday.

The record date is scheduled for October 12.

VSMPO-Avisma paid 762.68 rubles per share in dividends for January–June 2017.

State industrial corporation Rostec holds 25% plus one share in VSMPO-Avisma. Expotrade, controlled by the management of VSMPO-Avisma, has 65.27%.

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