PhosAgro Board of Directors Approves a New Dividend Policy: Payments to Shareholders May Exceed 75% of Free Cash Flow
London – The Board of Directors of PhosAgro has approved a new dividend policy, under which future dividend payments will be based on the Company’s free cash flow instead of net profit, with the amount varying depending on the Company’s debt levels. The new policy will allow the Company to direct more than 75% of…
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