HomeEconomyGazprom's share price fell...

Gazprom’s share price fell 30%

The reason is the decision of the meeting of shareholders not to pay dividends, which will now go to taxes.

Shares of Russia’s gas monopoly Gazprom have fallen more than 30% in one day. This was confirmed by data of the Moscow Exchange on Thursday, June 30.

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Such a collapse was caused by the decision of the general meeting of Gazprom shareholders not to pay dividends for 2021. Famil Sadigov, deputy chairman of the board of concern, said that the company “should be ready to comply its obligations to pay taxes at a higher amount. “

Previously, it was proposed to pay record dividends for 2021 in the amount of 52.53 rubles per share (or approximately $ 1 at the official rate). In total, it plans to pay 1.244 trillion rubles in dividends.

Later, the exchange of RTS and Moscow fell after Gazprom. Thus, the Moscow Exchange index fell 7.30% to 2204.85 points, the RTS dollar indicator dropped 4.81% to 1345.01 points.

Recall that Gazprom reduced exports by almost a third. In five and a half months, Russia has exported less than 65 billion cubic meters of gas.

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Source: korrespondent

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