Udmurtneft decreases dividends over 2012 by 31% to 3 billion rubles

During the annual meeting, shareholders of Udmurtneft decided to decrease dividends over 2012 by 31% to 862.44 rubles per ordinary share or 3.072 billion rubles in all, the company reports.

Shareholders approved the following distribution of the net profit in the amount of 18.813 billion rubles by results of 2012, excluding paid interim dividends: 3.072 billion rubles for dividends-2012 and 1.769 billion rubles for investment program.

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