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TNK-BP mulls interim dividend
RBC, 02.11.2009, Moscow 15:53:47.The board of directors of TNK-BP Holding urged the company's shareholders to approve the payment of dividend for January-September 2009 in the amount of RUB 7.41 (approx. USD 0.25) per one preferred and common share at the extraordinary meeting scheduled for December 10, TNK-BP's representative told RBC today. The record date was set for October 30. With this in mind, the Russian-British oil company's dividend payments to owners of common shares may amount to RUB 111.1bn (approx. USD 3.82bn), and to RUB 3.3bn (approx. USD 114m) for owners of preferred shares. The total dividend payment sum for the first nine months of 2009 is likely to be RUB 114.4bn (approx. USD 3.94bn). Last year, the company allocated nearly all of its net profit under RAS for dividend payments in the amount of RUB 82.697bn (approx. USD 2.85bn).
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