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Evraz board of directors cancels decision to pay $729 mln in divs

MOSCOW, Mar 9 (PRIME) -- The board of directors of metallurgical holding Evraz has cancelled its February decision to pay U.S. $0.5 per share, or a total of $729 million, in interim dividends, the company said in a statement on Wednesday.

“In the current circumstances, the board of directors no longer believes that paying an interim dividend is in the best interests of the company and its shareholders,” the company said.

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09.03.2022 19:36