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Segezha Group sells its Europe-based Segezha Packaging subsidiary by assigning its €100M debt to buyers, says president of Russian timber holding Mikhail Shamolin; transaction was completed ‘approximately for one dollar’
Published: May 24, 2023 by ITAR-TASS (Russia)
Segezha Group does not plan to review dividend policy for now; board of directors has recommended a dividend waiver for 2022 owing to weak financial results, but the company will wait for these to recover
Published: May 24, 2023 by Interfax Russia & CIS Business and Financial Newswire
Segezha has not yet calculated potential amount of windfall tax it may have to pay because Russian government still determining parameters, criteria of the tax; federal budget would collect total of 300B rubles from companies in 2023-24 with one-time tax
Published: May 24, 2023 by Interfax Russia & CIS Business and Financial Newswire
Segezha's Q1 net loss halved to 3.76B Russian rubles from 7.77B a year ago; sales revenue down 42% to 18.7B rubles from 32.08B rubles in prior-year quarter
Published: May 24, 2023 by Interfax Russia & CIS Business and Financial Newswire
Sistema-owned Segezha Group recommends shareholders approve board decision to waive dividend payments for 2022; Segezha does not rule out paying interim dividends for Q3 2023 if market conditions are favorable
Published: May 19, 2023 by Interfax Russia & CIS Business and Financial Newswire

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