General Announcement::Gazprom Board of Directors discusses dividend policy approaches for 2018-2020

Issuer & Securities

Issuer/ Manager
JSC GAZPROM
Securities
PJSC GAZPROM GDR - US3682872078 - AAI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Aug-2017 23:19:00
Status
New
Announcement Sub Title
Gazprom Board of Directors discusses dividend policy approaches for 2018-2020
Announcement Reference
SG170830OTHRR771
Submitted By (Co./ Ind. Name)
Horizon LLC/ Yaroslav Gryaznov
Designation
Analyst
Description (Please provide a detailed description of the event in the box below)
The Gazprom Board of Directors took note of the information about the Company s dividend policy for 2018 2020.
It was noted that the Company pursued a well-balanced dividend policy. When drafting recommendations on dividend payout for the General Shareholders Meeting, Gazprom follows a number of basic principles aimed at, inter alia, increasing the Company s investment attractiveness and capitalization while retaining the balance of interests between dividend payments and long-term development plans.

Attachments

2017.08.30. BoD Dividend policy.pdf
Total size =19K