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%.