Ukraine Gate – Kyiv – June 30, 2022- “The shareholders have decided that in the current situation it is impractical to pay dividends in 2021,” Gazprom’s deputy chairman of the board of directors, Famil Sadegov, commented, since the annual general meeting of Gazprom shareholders did not approve the distribution of the company’s dividends and dividends for 2021.
The value of Gazprom shares has also fallen by 30% since the start of trading on the Moscow Stock Exchange after the company refused to pay the dividend for the year 2021, and in the next few hours, the share price rose slightly and fell by about 27%.
The Board of Directors recommended a dividend of 52.53 rubles per share in 2021.
Gazprom has also notified companies from Austria, Germany and Italy to cut gas supplies, and Gazprom has reduced gas pumping along the North Stream to 67 million cubic meters per day (60% of the planned figure).
