The BELUGA GROUP Board of Directors approved the company's new dividend policy on October 20.
From now on, the amount of payments is set at a level of at least 50% of the consolidated net profit under IFRS for the year instead of 25% as before. The targeted frequency of payments remains unchanged – at least twice a year.
This amendment demonstrates the company's adherence to further creation of the BELUGA GROUP’s shareholders value through the fair distribution of its profit among all the stockholders.
The general meeting of shareholders is responsible for the final approval of dividend payments.