MTS says board recommends owners pay 41.1 bln rbl in 2019 divs

MOSCOW, Apr 10 (PRIME) -- The board of directors of major Russian mobile operator MTS has recommended the shareholders approve the 2019 annual dividends of 20.57 rubles per ordinary share and 41.14 rubles per American depositary receipt (ADR), or 41.1 billion rubles in total, the company said late on Thursday in a statement.

The board recommended shareholders and ADR holders hold an annual general meeting (AGM) on June 24, which will be conducted remotely. The record date for the meeting is June 1.

The board also advised the AGM set the record day for shareholders and ADR holders entitled to get the dividend for July 9.

(74.6050 rubles – U.S. $1)

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