MTS says owners approve Jan–June dividends of 17.3 bln rbl

MOSCOW, Oct 1 (PRIME) – The shareholders of major Russian mobile operator MTS have approved payment of January–June dividends of 8.68 rubles per ordinary share, 17.36 rubles per American depositary receipt, or 17.3 billion rubles in total, the company said on Tuesday in a statement.

The record day for the shareholders entitled to receive the dividends is October 14.

The payment will be completed on or before November 19.

Multi-industry holding Sistema owns 44.36% of MTS’ capital, and 44.35% are in free float.

(64.6407 rubles – U.S. $1)

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