On 25th January, 2016 the Board of AB “Klaipėdos nafta“ (hereinafter – the Company) has approved the corporate strategy of the Company for 2016 -2020 (hereinafter – the Strategy).
Moreover, in order to define the Company's dividend calculation, payment and declaration process, the Board of the Company, by implementing the Strategy, also approved the Dividend Policy of the Company. The Dividend Policy provides that the Board of the Company shall, on the basis of net profit of previous financial year of the Company and General Manager’s proposal regarding profit distribution, present the draft decision to approve the dividend allocation equal to 50% (fifty percent) of the Company’s annual net profit to the Company’s shareholders.
Please find enclosed:
- AB “Klaipėdos nafta“ Strategy 2016 – 2020 summary;
- AB “Klaipėdos nafta“ Dividend Policy.
Marius Pulkauninkas, Director of Finance and Administration Department, tel. 8 46 391763
