MMK Sets H1 2008 Dividend

02.09.2008 (11:24)

Shareholders of Magnitogorsk Iron and Steel Works (MMK) approved the payment of RUB 0.382 (approx. USD 0.015) per share as a dividend for the first half of 2008.

MMK set the dividend for 2007 at RUB 0.502 (approx. USD 0.02) per share, including RUB 0.418 (approx. USD 0.017) per share for H1 2007, reports RBC.

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Publications on the theme

MMK Redeems Eurobonds

22.10.2008 (15:38)

Magnitogorsk Iron and Steel Works (MMK) has bought back its $300m issue of Eurobonds, which matured on Tuesday.

MMK Posts 29% Net Profit Rise in January-September

21.10.2008 (13:35)

The Magnitogorsk Iron and Steel Works [RTS: MAGN] said on Tuesday its net profit under Russian Accounting Standards increased 29% year-on-year in January-September to 41.7 billion rubles ($1.6 billion).

MMK Considers Share Buyback

01.10.2008 (16:38)

Magnitogorsk Iron and Steel Works (MMK) does not rule out the possibility of buying back its own shares in favor of one of its subsidiaries.

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