MTS says owners approve 13.25 rbl/shr in special dividends

MOSCOW, Dec 31 (PRIME) – The shareholders of Russia’s largest mobile phone company MTS have approved special dividends of 13.25 rubles per share or 26.50 rubles per American Depositary Receipt, or a total of 26.48 billion rubles at their extraordinary meeting, the company said on Tuesday.

“The decision to pay the special dividends was taken basing on MTS’ financial results for the first nine months of 2019 and the sale of VF Ukraine in November,” the statement said.

The shareholder register closes on January 20, the payout will be over on February 14.

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