Bloomberg News

Acron Holders Vote Against 2011 Dividend of 46 Rubles a Share

June 28, 2012

OAO Acron, a Russian fertilizer maker, said shareholders voted against paying a final 2011 dividend of 46 rubles ($1.39) a share at a meeting today, according to a regulatory filing.

Elena Kochubey, a spokeswoman for the Velikiy Novgorod- based producer, declined to comment on the reasons for the decision. Russian billionaire Viatcheslav Kantor owns 84.6 percent of Acron, according to the company.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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