PhosAgro to increase number of board members
Published by Anna Nicklin,
Assistant Editor
World Fertilizer,
Vertically integrated phosphate-based fertilizer producer, PhosAgro, has announced that a general meeting of shareholders (GM) has concluded to approve a resolution to increase the number of people on the company’s board of directors from eight to 10.
The GM also approved a dividend payment of RUB2 719.5 million, or RUB21 per ordinary share (RUB7 per global depositary receipt), from the undistributed net profit as of 31 December 2016. The record date for shareholders eligible to receive dividends was set as 17 July 2017.
PhosAgro board of directors member and CEO, Andrey Guryev, said: “The company always strives to adhere to best corporate practices, both in terms of shareholder returns and governance. This is why, following the SPO earlier this year, we have decided to increase the number of members of the Board of Directors.”
Read the article online at: https://www.worldfertilizer.com/phosphates/07072017/phosagro-to-increase-number-of-board-members/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Técnicas Reunidas initiates scope for Green Hydrogen and Green Ammonia production facilities in Australia
Te´cnicas Reunidas and Allied Green Ammonia have agreed to commence the first phases of a Green Hydrogen and Green Ammonia production facilities at Northern Territory, Australia.
