24 Dec 2024 13:19

Polyus board of directors recommending splitting shares tenfold

MOSCOW. Dec 24 (Interfax) - The board of directors of Polyus has decided to convene an extraordinary general shareholders meeting on February 3, 2025, with one of the items on the agenda being a tenfold stock split, Russia's largest gold producer said.

The board believes that a share split would contribute to growth in the liquidity and availability, and would positively affect the attractiveness of the company's shares among a wide range of investors, Polyus said.