Gazprom shares crater after Russian energy giant cancels dividend for first time since 1998
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Skip to comments. Gazprom shares crater after Russian energy giant cancels dividend for first time since 1998
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| 6/30/2022 | Sam Meredith
Posted on 06/30/2022 8:22:28 AM PDT by marcusmaximus Russia's energy giant Gazprom on Thursday lost more than a quarter of its market value after the state-owned company decided not to pay out dividends. 'The shareholders have resolved that in the current situation it is not opportune to pay out dividends based on the results of 2021,' Famil Sadygov, deputy chairman of Gazprom, said in a statement.
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