print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all MMK press releases

MMK

May 24, 2022

MMK Board meeting results

PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) announces MMK Board of Directors decisions, which were adopted at the meeting on 20 May 2022.
At the meeting, the Board set up the agenda for MMK Annual General Meeting of Shareholders (AGM) to include:
1.   Approval of MMK's annual report and annual financial statements for the 2021 financial year;

2.   Decision on the distribution of profit, including payment (announcement) of dividends, based on the results of the 2021 financial year;

3.   Election of members to MMK's Board of Directors;

4.   Approval of MMK's auditor;

5.   Approval of remuneration payments to members of MMK's Board of Directors.
Earlier, at its meeting on 25 April 2022, the Board of Directors approved 30 June 2022 as the AGM date and 6 June 2022 (at the close of business) as the cut-off date for inclusion in the shareholder register for the AGM.

At the meeting, the Board made the decision to recommend the AGM not to pay the dividends for Q4 2021 and to cancel the earlier decision of MMK's Board of Directors dated 25.02.2022 (Minutes No.11) "On recommendations to the Annual General Meeting of Shareholders of MMK on the amount of dividend on outstanding ordinary shares of MMK and the procedure for its payment based on the results of the 2021 financial year". 




Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer