Gazprom shares collapsed

Gazprom state -owned shares during trading on the Moscow Exchange collapsed by more than 30%. According to The Insider, the reason for the collapse was the decision of the Board of Directors of the gas monopoly not to pay dividends according to the results of 2021. What is the statement of the state -owned company.

At the opening of the auction, the Gazprom shares were traded at the level of 300 rubles per paper. The refusal to pay dividends became known at 11:46 after the publication of the release of the action rushed down and at the peak reached 207.69 rubles, falling from the maximum of the day by more than 30%. “The meeting did not make a decision on the distribution of the company’s profit and dividends for 2021,” the state -owned company said.

At the same time, Gazprom did not refuse the top management of Gazprom. “A decision was made to pay remuneration to members of the board of directors and the audit commission of Gazprom PJSC, which do not replace government posts and the positions of the state civil service, in the amounts recommended by the Board of Directors,” the report said. The amount of remuneration in the message is not given.