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Shareholder proposes Nornickel dividend policy changes, Interfax says
Image courtesy of Nornickel

Nornickel’s largest shareholder, Interros, has proposed changing its dividend policy, Interfax news agency reported on Wednesday, in a move that would lower payouts to help fund planned investment.

The miner has just paid $2 billion to Russia for environmental damage after a fuel spill at its Arctic power plant last year that drew an angry response from Russian President Vladimir Putin.

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Image courtesy of Nornickel

Nornickel’s largest shareholder, Interros, has proposed changing its dividend policy, Interfax news agency reported on Wednesday, in a move that would lower payouts to help fund planned investment.

The miner has just paid $2 billion to Russia for environmental damage after a fuel spill at its Arctic power plant last year that drew an angry response from Russian President Vladimir Putin.

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