Shareholders of “Gazprom oil” approved dividend of 25% of net profit under IFRS

Moscow. June 9. INTERFAX.RU Shareholders of “Gazprom oil” at the annual meeting approved dividends for 2016 in the amount of 50 to 64 billion RUB, or RUB of 10.68 per common share, reported the correspondent of “Interfax” from the meeting.

The total dividend corresponds to 25.3% of the net profit of “Gazprom oil” under IFRS, which by the end of 2016 made up of 200.2 billion rubles For the company it will be a record of per share dividends for the history of “Gazprom oil”.

The date of making the list of persons entitled to receive the dividend determined on 26 June 2017. In addition, the shareholders approved JSC “PricewaterhouseCoopers Audit” as the auditor of the company for 2017.

According to the dividend policy, “Gazprom Neft” pays a large value of 25% of net profit, the company or 15% of net profit under IFRS. However, the last three years dividends of the company are paid at 25% of profit under IFRS.

The main shareholder of “Gazprom oil” is Gazprom, which controls slightly more than 95% of the shares in the oil company. The authorized capital of the company consists of 4 billion 741 million 299 thousand 639 shares.