Gazprom stock plunges on key shareholder decision ...News

Russia Today - Economy
Gazprom stock plunges on key shareholder decision
source : Russia Today ( News ) () 22
The company has decided against paying dividends based on its 2021 results Shares in Russian energy giant Gazprom fell by more than 30% on Thursday morning after the company announced it would not be distributing dividends based on its 2021 results. Gazprom was trading at 207.69 rubles per share at 07:57 GMT, having dropped by 32.32% since Wednesday, data from the Moscow Exchange shows. Earlier on Thursday, the company announced it would not be paying dividends this year, which amounted to 52.53 rubles per share, or 1.244 trillion rubles in total. Gazprom said the decision was made at an annual shareholder meeting

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