LUKOIL will pay dividends for 2017 in the amount of RUB 130 per ordinary share
On 21 June 2018 PJSC "LUKOIL" held its Annual General Shareholders Meeting (AGM) in Moscow where the 2017 Annual Report of the Company and the 2017 financial statements were approved.
LUKOIL says the shareholders approved the dividend distribution based on the results of 2017 in the amount of RUB 130 per ordinary share. The total amount of dividends payable for 2017, including the earlier paid interim dividend, will be RUB 215 per ordinary share, which is 10% higher than last year's level.
The dividend record date was set July 11, 2018.
The shareholders elected directors to the Board of Directors of PJSC "LUKOIL".
The Company shareholders also elected the Audit Commission, approved the size of remuneration and reimbursement of expenses to the members of the Board of Directors and the size of remuneration to the members of the Audit Commission.
The Joint-Stock Company KPMG was approved as the Company's independent auditor.
The Meeting approved amendments to the Charter of Public Joint Stock Company "Oil Company "LUKOIL" and gave consent to perform the interested party transaction.
At its post-AGM meeting the Board elected Valery I. Grayfer as Chairman and Ravil U. Maganov as Vice Chairman of the Company's Board of Directors.
LUKOIL is one of the world’s leading vertically integrated oil & gas companies. Main activities of the Company are exploration and production of oil & gas, production of petroleum products and petrochemicals, and marketing of these outputs.