Rusal’s financial standing enables dividend payout — Sual

Business & Economy December 12, 2023, 16:31

Sual Partners noted that it would continue consistently and systemically stand out for rights of minority shareholders in Rusal and endeavor to improve quality of corporate governance in the company

MOSCOW, December 12. /TASS/. The financial position of the Russian aluminum producer Rusal makes it possible for the company to pay dividends, Sual Partners, the largest minority shareholder of Rusal, told TASS.

"Sual Partners states that the payment of dividend in line with the policy agreed by UC Rusal shareholders could not challenge the financial position of the company in any way. Especially considering the fact that about $410 mln from dividends approved by Norilsk Nickel shareholders according to results of nine months of 2023 are due to UC Rusal," the company said.

Sual Partners noted that it would continue consistently and systemically stand out for rights of minority shareholders in Rusal and endeavor to improve quality of corporate governance in the company, it added.

TASS sent a relevant inquiry to Rusal.

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