Petrolimex to spend VND942 billion on dividend payment

September 14, 2023

HCMC – Vietnam National Petroleum Group (Petrolimex), which trades its PLX shares on the Hochiminh Stock Exchange, plans to spend nearly VND942 billion paying dividends in 2022. With over 1.34 billion outstanding shares, Petrolimex is expected to spend nearly VND942 billion on the dividend payment plan. Currently, the Commission for the Management of State Capital at Enterprises (CMSC) is the largest shareholder in Petrolimex with nearly 982 million shares, equivalent to a 75.87% stake. The trade volume totaled over 1.22 billion shares worth VND26.9 trillion, falling 3% in volume and 9% in value. VIB surged 3.3% to VND21,700, with a trading volume of 21.4 million shares, while CTG rose by 2% to VND33,200, with 14.9 million shares transacted.

The source of this news is from The Saigon Times