May 30, 2018 / 6:56 AM / 5 months ago

Russia's M.Video says proposes no dividend to be paid for 2017

MOSCOW, May 30 (Reuters) - Russian consumer electronics retailer M.Video said on Wednesday its board had proposed no dividend be paid on its 2017 results.

M.Video said it had taken the decision in order to focus on the company’s online and offline expansion. (Reporting by Olga Sichkar Writing by Tom Balmforth Editing by Maria Kiselyova)

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