The VSMPO-Avisma board of directors has recommended the shareholders to decide on the distribution of 2016 profits.
In 2016 the company net profits reached 26.6 billion rubles, with the additional net profits of previous periods at 2.4 billion rubles.
The board suggested paying a part of the undistributed profits for 2016 (15.07 billion rubles) as dividends: 1300 rubles per ordinary share (14.988 billion rubles total), as well as reward the board with 106.5 million rubles, and the revision committee with 2.3 billion rubles. The rest (4.5 billion rubles) to be left undistributed. (Ukrainian metal)