The Board of Directors of Rusal recommended not paying dividends for nine months

The Board of Directors of Rusal recommended not paying dividends for nine months, the company said. The issue of payouts was initiated by Sual Partners of Viktor Vekselberg, a Russian businessman, and his partners; this shareholder has repeatedly and unsuccessfully tried to secure interim dividends from Rusal.

Shareholders will consider the issue on December 4. In September, they had already decided not to pay dividends for the first half of 2026.

In 2022, Rusal returned to dividends and for the first time since 2017 paid about $303.86 million for the first half of the year. However, based on the results of the year, the company отказалась от final payouts and after that did not pay dividends anymore.

Rusal is controlled by the En+ group. En+'s largest shareholder is Oleg Deripaska with a 44.95% stake, while his voting rights are limited to 35%.

Sual Partners owns 25.52% of the aluminum producer.

Sources

• Material: ru.themoscowtimes.com