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VTB Supervisory Council recommends dividend

 
14 May 2014

© photoexpress.ru

On 14 May 2014, VTB Bank’s Supervisory Council recommended that the Annual General Meeting of shareholders (AGM) approves a dividend of RUB 0.00116 per ordinary registered share, with a nominal value of RUB 0.01, for the year 2013. The total dividend would thus amount to RUB 15.034 billion, or 15% of VTB Group’s net profit under IFRS.

The Supervisory Council also proposed to the AGM to set 1 July 2014 as the record date to determine persons to be entitled to receive the dividend for 2013.

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