Gazprom has announced that the annual General Shareholders Meeting of Gazprom had approved the dividend amount – RUB 5.99 per share. The dividends make up 25.5 per cent of Gazprom's net profit in 2012. August 27, 2013 was set as the dividend payment deadline. These decisions fully comply with the Board of Directors' recommendations.
The Shareholders Meeting approved Gazprom's Dividend Payout Procedure. The document enshrines the mechanism of dividend payouts adopted by the Company.
Gazprom is one of the largest energy companies in the world. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, as well as generation and marketing of heat and electric power. Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.