Aeroflot board of directors recommends not to pay 2019 dividend

Business & Economy July 03, 2020, 10:24

The decision was taken due to a substantial negative impact of the crisis related to the coronavirus pandemic on Aeroflot operations

MOSCOW, July 3. /TASS/. The board of directors of Aeroflot has recommended shareholders not to pay dividends for 2019, the company said in a statement on Friday. The decision was considered at the board meeting and supported by the maximum number of votes.

The decision was taken due to a substantial negative impact of the crisis related to the coronavirus pandemic on Aeroflot operations, the statement said.

The annual shareholders meeting will be held on July 27.

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