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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pjsc Lukoil | LSE:LKOH | London | Ordinary Share | RU0009024277 | ORD RUB0.025 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 56.2184 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLKOD
RNS Number : 0848S
PJSC LukOil
06 March 2019
LUKOIL BOARD OF DIRECTORS APPROVED AMENDMENT TO
REGULATIONS ON THE DIVIDEND POLICY
The Board of Directors of PJSC "LUKOIL" (hereinafter the Company) today approved amendment to the Regulations on the Dividend Policy of PJSC "LUKOIL" (hereinafter the Regulations). The amendment allows to account for the share buyback factor when determining the dividends amount.
A new principle was added to the list of principles of determination of the final dividend amount set out in the Regulations. According to the new principle the Company seeks to annually increase the total amount of dividends calculated to be paid on the Company's outstanding shares (excluding the shares held by LUKOIL Group entities), at a rate not lower than the rouble inflation for the reporting year.
The amendment results in higher dividend per share growth rate subject to decreasing number of shares outstanding.
The Regulations on the Dividend Policy of PJSC "LUKOIL" is available on the Company's website:
http://www.lukoil.com/Company/CorporateGovernance/InternalDocuments
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
STREAKDKEDXNEFF
(END) Dow Jones Newswires
March 06, 2019 11:40 ET (16:40 GMT)
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