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Novolipetsk Steel PAO (NLMK.MM)

NLMK.MM on Moscow Interbank Currency Exchange

146.17RUB
11 Dec 2017
Change (% chg)

руб-1.13 (-0.77%)
Prev Close
руб147.30
Open
руб147.00
Day's High
руб147.20
Day's Low
руб142.65
Volume
3,703,360
Avg. Vol
3,613,110
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руб147.30
52-wk Low
руб97.57

Latest Key Developments (Source: Significant Developments)

Russia's NLMK recommends Q3 dividend of 5.13 roubles/share
Friday, 27 Oct 2017 10:00am EDT 

Oct 27 (Reuters) - Russia's steel producer NLMK says::Its Board of Directors recommended a third-quarter dividend payment of 5.13 roubles per share;.Extraordinary shareholder meeting will be held on December 22;.The date upon which the shareholders entitled to dividend payment is determined as Jan. 9;.The list of persons entitled to participate at the EGM will be compiled on the basis of the NLMK shareholder register as of Nov. 27..  Full Article

VTB, Magnit, Aeroflot included to MICEX10 index as of Sept 22
Thursday, 21 Sep 2017 04:38am EDT 

Sept 21 (Reuters) - MOSCOW EXCHANGE ::SAYS VTB BANK <<>>, MAGNIT <<>> AND AEROFLOT <<>> ORDS WILL BE ADDED TO THE MICEX10 INDEX .MCX10.SAYS FEDERAL GRID COMPANY <<>>, NLMK <<>> ORDS, AND SURGUTNEFTEGAS SNGS_p.MM PREFS WILL BE EXCLUDED FROM THE MICEX10 INDEX.THE NEW CONSTITUENT LIST WILL COME INTO FORCE ON SEPT. 22.  Full Article

Russia's NLMK to buy back $317 mln in 2018 and 2019 notes
Thursday, 14 Sep 2017 07:52am EDT 

MOSCOW, Sept 14 (Reuters) - Steel Funding D.A.C firm, part of Russia's steel producing NLMK group, said on Thursday::It accepted its notes due in 2018 and 2019 for purchase for $317 million in total;.The company had announced a tender offer for these notes on Sept. 4. The offers were made in connection with a concurrent offering of new notes. nR4N1IX009.Following the buy-back, the outstanding principal amount of the 2018 notes and of the 2019 notes will be $144 million and $146 million, respectively..  Full Article

Russian NLMK Group's board recommends Q2 dividend of 3.20 rbls per shr
Friday, 28 Jul 2017 09:09am EDT 

July 28 (Reuters) - Russian steel producer NLMK says::NLMK Group's board of directors recommended NLMK shareholders approve second-quarter dividends of 3.20 roubles per share;.Dividend payout is equivalent to 95 percent of NLMK Group's net profit based on its second-quarter IFRS consolidated results..  Full Article

Russia's NLMK sees higher Q2 divs payout
Thursday, 27 Jul 2017 10:50am EDT 

July 27 (Reuters) - Russia's NLMK ::Sees Q2 dividend payout higher than policy targets;.Sees adjusted 2017 capex at between $550 million and $600 million;.  Full Article

Russia's NLMK recommends Q1 divs of 2.35 rbls/share
Friday, 28 Apr 2017 03:33am EDT 

April 28 (Reuters) - Russia's NLMK ::Group's board of directors recommended NLMK shareholders approve Q1 dividends of 2.35 roubles ($0.0413) per share..  Full Article

Russia's NLMK says expects higher dividend payments for Q1
Thursday, 27 Apr 2017 10:32am EDT 

April 27 (Reuters) - NLMK says::Given financial position of company, Q1 dividend payments likely to be above policy targets..  Full Article

Russia's NLMK updates on its 2017 strategy execution
Monday, 6 Mar 2017 03:00am EST 

Russian steel producer NLMK says: Presents an update on its strategy 2017 execution; . Over the course of 2014-2016, NLMK's strategy 2017 delivered a structural net EBITDA gain of $547 million per year; . The key objective of strategy 2017, an annual net gain of $1 billion on 2013 EBITDA, remains unchanged; .NLMK is on track to achieve this level by 2018 owing to newly launched capital expenditure (capex) projects and further operational efficiency improvements..  Full Article

Russia's NLMK says recommends Q4 dividend of 3.38 rbls/share
Monday, 6 Mar 2017 02:00am EST 

Russia's NLMK says: Recommends Q4 dividend payment of 3.38 roubles per share; . 2016 accrued dividends amounted to 9.22 roubles per share, which is equivalent to 97 percent of NLMK's net profit, or 83 percent of the company's free cash flow based on its 2016 IFRS consolidated results; . The list of persons entitled to participate at the AGM will be formed on May 8. .The date upon which the shareholders entitled to Q4 dividend was set at June 14..  Full Article

Bookrunner says to sell 90 mln shares in Novolipetsk Steel
Thursday, 8 Dec 2016 11:30am EST 

Bookrunner: Novolipetsk Steel: bookrunner - intention to offer up to 90 million ordinary shares in the form of shares and global depositary receipts in co by way of an accelerated bookbuild . Novolipetsk Steel: bookrunner - the placing shares represent, in aggregate, approximately 1.5 percent of the company’s issued ordinary share capital . Novolipetsk Steel: bookrunner - ownership interest of Fletcher Group in co, after giving effect to the sale, is 84 pct of the issued share capital of the company . Novolipetsk Steel: bookrunner - under the terms of the placing, Fletcher Group has agreed not to dispose of further shares in co for a period of at least 90 days Further company coverage: [NLMK.MM] (Bengaluru Newsroom) ((+91 806 749 1136;)).  Full Article

UPDATE 1-Russian steelmaker NLMK beats Q3 expects despite slip in earnings

MOSCOW, Oct 27 Russian steelmaker NLMK on Friday beat forecasts despite a 4 percent slide in third-quarter core earnings to $648 million.