24/04/2017
Press release: Rosneft BOD Recommends Dividends at 5.98 Rubles per Share, which Constitutes 35% of its IFRS Net Profit
On April 24, 2017 a scheduled meeting of the Rosneft Board of Directors was held in Moscow to consider issues related to the annual general shareholders meeting of the Company for the year 2016.
The Board of Directors resolved to call a Rosneft AGM and hold it in Sochi on June 22, 2017. The list of persons entitled to attending the scheduled general shareholders meeting is scheduled to be issued COB May 28, 2017.
The Board of Directors approved the following AGM agenda:
- Approval of the Company’s Annual report;
- Approval of the Annual financial statements (accounts) of the Company;
- Approval of the Company profit distribution based on the 2016 results;
- Amount, term and form of dividend payment based on the 2016 performance;
- Remuneration and compensation of expenses to the members of the Company’s Board of Directors;
- Remuneration and compensation of expenses to the Company’s Audit Commission members;
- Election of the Company’s Board of Directors members;
- Election of the Company’s Audit Commission members;
- Approval of the Company’s Auditor;
- Consent with related party transactions;
- Approval of amendments to the Charter of Rosneft.
The Board of Directors preliminary approved the Company’s 2016 annual report and recommended that the AGM adopts a resolution to pay dividends of 5.98 rubles per one ordinary share which constitutes 35% of the Company IFRS net profit attributable to the shareholders. The total amount Rosneft will use for dividend payment will be equal to RUB 63.4 bln.
In December 2016 with a view to further improve the Company’s investment story the Board of Directors of Rosneft approved changes to the dividend policy increasing the minimum payout ratio to 35% of IFRS net income. The new policy also implies a shift to semi-annual dividend payments.
The Board of Directors recommended appointing Ernst and Young LLC as the Company’s auditor of 2017 RAS and IFRS financial statements and determined the cost of services.
Другие новости этого раздела:
23/01/2024
Mosaic ожидает спрос на удобрения в Бразилии в объеме 46 миллионов тонн в этом году
24/09/2022
Первая партия низкоуглеродного аммиака отправилась из Абу-Даби в Германию
18/11/2021
Acron to Reduce UAN Output in Favour of Dry Fertilisers
24/10/2021
«Омский каучук» обновил производство кумола и изопропанола
«Сибур» одобрил гарантии финансирования «Амурского ГХК» на 10 млрд $
Mitsubishi Chemical покупает патент полиэфира из биомассы у Mitsui
23/07/2021
NikoMag will increase production capacity of its magnesium hydroxide plant
23/04/2021
Uniper закроет 10% потребности Германии в зеленом водороде
02/04/2020
Production stopped at fertiliser units at Taloja in Maharashtra
11/03/2020
LANXESS achieves full-year target for 2019
02/03/2020
The Mosaic Company reported a net loss of US$1.07 billion for full year 2019
12/02/2020
28/08/2019
Asian Helsinki Chemicals Forum will take place 24-25 oct 2019
24/05/2019
Helsinki Chemicals Forum took place in the capital of Finland
29/03/2019
Press release: Lukoil CEO and Iraq Prime Minister discuss future cooperation