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Nornickel to minimise 2020 final dividend, considers buyback

Nornickel to minimise 2020 final dividend, considers buyback
Mining News Pro - Nornickel will minimise its final dividend for 2020, the Russian metals producer said on Friday, citing a recommendation from its board of directors.
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The board recommended a final dividend of 1 021.22 roubles ($13.25) per share, it said in a statement.

Nornickel also said its major shareholders had reached a preliminary agreement to propose to a $2-billion buyback of Nornickel shares before the end of 2021.


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