Shareholders of RAO Norilsk Nickel decided to approve dividend payments on preferred and common shares for 2001. A dividend payment is to be RUR1.72 ($0.054) per share. The company's retained profits were 569.718m rubles ($18.32m) in 2001, which was 210.922m rubles ($6.8m) more than in 2000. Interim dividend payments were made in 2001 and were equivalent to the 2001 annual payment totaling 325.8m rubles ($10.48m). So the shareholder meeting decided not to make an additional payment, which was in accordance with the board of directors' recommendation.
The company's authorized capital is 47.25m rubles (about $1.5m) and it is divided into 176,655,827 common and 12,344,047 preferred A-shares with a nominal value of RUR0.25 ($0.008) per share. A 96.93 percent block of shares in RAO Norilsk Nickel belongs to JSC MMC Norilsk Nickel.
Russian President Vladimir Putin said at the meeting of the Valdai Discussion Club that Russia will never initiate military actions, including with the use of nuclear weapons