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Meeting of shareholders of VSMPO-Avisma

27 June 2012
Meeting of shareholders of VSMPO-Avisma

June 29, the next meeting of shareholders of the Russian titanium monopolist

- Open Joint-Stock Company VSMPO-Avisma Corporation. On the agenda

Day, the organizers of the event have several questions, and one of the main ones -

Distribution of profit between the owners of securities of the company based on the results of work in the

2011. If the dividends proposed by the VSMPO Board of Directors are

Participants of the meeting approved, payments for each share will amount to 26.52 rubles (or

In 5.2 times more than last year).

Recall that in 2011, VSMPO-Avisma's net profit under RAS was 3,058

Billion rubles, and the Board of Directors recommended that the shareholders

Dividends of 1/10 of this amount. In 2010, the company's profit was 0.664

Billion rubles (4.7 times less). However, as dividends it was decided to pay

58.8 million rubles (5.1 rubles each for 11 529 538 securities of the titanium company).

VSMPO-Avisma Corporation is the world market leader in titanium and alloys based on it.

The organization provides 1,500 companies from Russia with "winged metal" products

And more than 250 foreign consumers in 39 countries of the world. More than 65% of the assets of OJSC

Belongs to Rostekhnologii (through the subsidiary company Oboronimpeks), a large

Part of the remaining securities (about a quarter) is a free float of the corporation.

26 June 2012
2 July 2012