The Board of Directors of KuibyshevAzot gave recommendations on dividends for 2022

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AK&M 27 March 2023 15:20

The Board of Directors of Kuibyshevazot made recommendations on dividends for 2022: 35 rubles per share. Shareholders will consider this issue on May 11. This is stated in the company's message.

Shareholders will also consider reducing the authorized capital of PJSC by redeeming the company's own shares.

PJSC KuibyshevAzot is one of the leading enterprises of the Russian chemical industry, a leader in the production of caprolactam and its processed products, is one of the largest producers of nitrogen fertilizers.

Main activities: caprolactam and its processed products (polyamide-6, technical and textile threads, tire cord, polyamide and mixed fabrics, engineering plastics); ammonia, nitrogen fertilizers; industrial gases.

It is the parent company in the KuibyshevAzot group of companies, whose divisions operate in Samara, Kursk, Saratov, Ulyanovsk, Rostov, Tula regions, Krasnodar Krai, the Republic of Mordovia, Germany, China, Serbia and India.