Uzmetkombinat to direct 11.982bn soums to dividends
11/07/2013 14:44
Uzmetkombinat to direct 11.982bn soums to dividends
11/07/2013 14:44
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock company “Uzbek Metallurgy Combine” (Uzmetkombinat) distributed net income for 2012 at the size of 95.836 billion soums.
The shareholders of the company decided 5.563 billion soums to form reserve fund and 11.982 billion soums to payment of dividends.
At the same time, the combine issued 11.712 billion soums to payment of dividends on ordinary shares and 270.475 million soums to payment of dividends on preferred stocks.
The size of the dividend per share makes up 298.4 soums. Total number of shares, on which dividends are paid, makes up 40,155,778 units.
Uzmetkombinat will direct over 78.29 billion soums to development of combine, of which 28.109 billion soums to capitalization of the charter capital.
Uzmetkombinat has been established in line with the resolution of the Cabinet of Ministers of Uzbekistan No. 159 from 24 March 1994 through re-organization of the state enterprise. It is largest non-ferrous metallurgy plant in Central Asia, which works on metal scrap.
The enterprise specializes on processing ferrous metal scraps, production and realization of special iron, as well as other metal products and consumer goods.
The charter capital of Uzmetkombinat is 152.592 billion soums, which is divided into 40,155,778 shares with the par value of 3,800 soums.
Shareholders of Uzmetkombinat are the government (72.01%), labour (6.3%), legal entities (16.68%) and other individuals (5.01%).
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