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Dividends


Segezha Group Board of directors approved dividend policy on April 9, 2021.


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Dividend policy

Dividend policy overview1:

2021 - 2023 

2024+

Dividend base

Fixed payment 

Adj.FCF2:    

Payout

RUB 3.0-5.5 bn per annum 

75%-100% of adj.FCF2: 

Frequency

At least annually

Conditions

The Group aims to maintain sustainable capital structure and meet financial liabilities


1 – Full list of terms and conditions can be found in Dividend policy
2 – Adj. Free Cash Flow is defined as Net cash generated by operating activities less Net cash used in investing activities less Lease liability payments under IFRS


1 – till Dec 28, 2021 LLC “GC “Segezha”
The decision to pay (declare) dividends is adopted by the general meeting of shareholders of the Company.
The size of the dividend may not exceed the amount recommended by the Board of Directors of the Company.



Dividend history for shares

 

The period for which dividends are distributed

Date of decision-making by the General Meeting of Shareholders

Record date 

Total amount of declared dividends (RUB)

The amount of the dividend per share (RUB)

12М 2021 May 21, 2022 June 02, 2022 10,041,600,000 0.64
9М 2021  December 29, 2021  January 08, 2022 6,589,800,000 0.42

2020*

June 29, 2021

 

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* The decision to pay dividends based on the results of the 2020 reporting year has not been taken.