04 June 2004 21:48
Tatnefteprodukt to reduce 2003 dividends
KAZAN. June 4 (Interfax) - Shareholders of Tatnefteprodukt, which controls 23% of the oil products market in
Tatarstan, decided at an AGM on Thursday to pay out 2003 dividends of 0.055 rubles per common share and 0.7 rubles per
preferred share, par value 10 rubles each, an Interfax corespondent who was at the meeting said.
Tatnefteprodukt paid out 0.17 rubles per common share and 1 ruble per preferred share in 2002. The company will use
1.37 million rubles to pay out dividends in 2003, which is 15.37% of net profits. [RU ASIA EUROPE EEU EMRG ENR OIL CRU
DIV] rm pr
[Interfax] |
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