MTS board recommends 8.93 rbl/ordinary share in Jan–Jun divs

MOSCOW, Jul 31 (PRIME) -- The board of directors of major Russian mobile operator MTS has recommended paying 8.93 rubles per ordinary share, or 17.86 rubles per American depositary receipt (ADRs), totaling 17.8 billion rubles, in dividends for January–June, the company said on Friday in a statement.

The record date for the company’s shareholders entitled to take part in an extraordinary general meeting (EGM) of shareholders is set for September 7 with the meeting scheduled on September 30 in absentia.

The board recommended the EGM to set the record date for dividends for October 12.

(73.3633 rubles – U.S. $1)

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