After visits SBU ArcelorMittal Kryvyi Rih displays currency from Ukraine

После визитов СБУ ArcelorMittal Кривой Рог выводит валюту из Украины

ArcelorMittal Kryvyi Rih after the visits of SBU displays the currency of Ukraine

More than 95% of dividends paid will be moved abroad. The total amount of dividends is 10,845 billion.

ArcelorMittal Kryvyi Rih has wanted to direct for payment of dividends 10,845 billion UAH, or UAH of 2.81 per share. The announcement of the extraordinary meeting of shareholders of the company published on the website of the securities Commission.

The meeting will be held on October 10 in Lviv.

According YouControl, on July 1, 2019 ArcelorMittal Duisburg Beteiligungsgeselschaft mbH (Germany) owned 95,1283% stake in ArcelorMittal Kryvyi Rih. Thus, over 95% of dividends paid will be moved abroad.

Traditionally, companies take the decision on payment of dividends at the annual shareholders meetings in April and may. The profit of the plant in 2018 amounted to 9,509 billion, and retained earnings (in recent years) – 42,489 billion.

In April 2019, the shareholders of the ArcelorMittal Kryvyi Rih decided not to pay dividends and their annual income earmarked for the development of production. However, after regular inspections of the SBU, the company announced dividends on 10,845 billion (equivalent to $433 million).

Now the shareholders even more advantageous to the dividend than in the spring because in early may, the hryvnia, this amount was equivalent to $409 million.

Recall that on 5 September, the security service checked the sinter plant at ArcelorMittal Kryvyi Rih. Earlier Supavadee check 3 September and 20 July, when the Department stated that the company had exceeded the radiation levels.

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