Monday, June 12, 2017

decisions made in a timely manner

Alrosa, the largest diamond producer in the world, said in a statement released on Thursday, which is not going to increase the dividend payout to 75%.
"Published in a number of media reports on the initiative of" ALROSA "(PAO) to increase in 2017 dividend payments to 75%, as well as information about the intention to discuss this issue with the Russian Government does not correspond to reality," - said the company, adding that as the president of Alrosa, Sergei Ivanov, the decision on the amount of dividend payments made at the annual general meeting of shareholders on the basis of the recommendations of the Supervisory Board and that of the decisions made in a timely manner to inform the public of ALROSA st.
Following the results of 2015, ALROSA paid dividends in the amount of 50 percent of net profit on international financial reporting standards.
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