Severstal | 09 March 2007 г. | 12:47

Severstal Shareholders to Consider H1 Dividends

The Board of Directors of Severstal has recommended that its shareholders approve at an annual meeting on September 28, 2007 the payment of RUR10 (approx. USD0.39) per share and GDR as dividend for the first six months of 2007, the Russian steelmaker's official documents state.

Each GDR is equal to one common share. The decision on interim dividend payment will be made by absentee vote.

Source: Metal Supply and Sales
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Severstal Shareholders to Consider H1 Dividends

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