Uzavtosanoat to pay dividends
05/07/2013 13:15
Uzavtosanoat to pay dividends
05/07/2013 13:15
Tashkent, Uzbekistan (UzDaily.com) -- Shareholders of Uzavtosanoat joint stock company distributed net income of the company for 2012 at the size of 17.538 billion soums.
According to the decision of the shareholders, the company will direct 75% of net income or 13.153 billion soums to increase reserve fund.
Other part of net income at the size of 4.384 billion soums will be directed to the state budget of Uzbekistan as dividend to shares of the government.
Shareholders of Uzavtosanoat also distributed undistributed net income of the company of previous years, the size of which made up 118.004 billion soums.
The company allocated 77.504 billion soums to capitalization of the charter capital of Uzavtosanoat due to increasing share of the government. Some 40.5 billion soums will be directed to payment of dividends on the state stake.
According to Uzavtosanoat, the size of the dividend per share makes up 6,691.89 soums or 13.13% to par value. Total number of shares, on which dividends are paid, makes up 7,885,688 units.
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