Russia: NLMK shareholders approve of Q3 2016 dividends
At the Extraordinary General Shareholder Meeting (EGM) held on December 23, NLMK shareholders approved of payment of Q3 dividends of RUB 3.63 per share, equivalent to 93% of NLMK Group’s net profit or 75% of the company’s free cash flow based on its Q3 IFRS consolidated results. The date upon which the shareholders entitled to…