“The Supervisory Board of ALROSA recommended to the General Meeting of Shareholders not to pay (not declare) final dividends based on the results of the company’s activities for 2021,” the statement says.
The Annual General Meeting of Shareholders will be held on June 30, 2022.
For the first half of 2021, the company paid dividends in the amount of 64.7 billion rubles, which is more than 70% of ALROSA's net profit for the year.
In April, the US Treasury imposed sanctions on the Russian group of diamond mining companies ALROSA.