NLMK Group among Top 10 steel companies globally in value creation
NLMK Group was ranked sixth among steel companies globally by total shareholder return (TSR) in the 2020 Value Creators report, a ranking compiled by The Boston Consulting Group (BCG) that covered a five-year period from 2015 through to 2019.
BCG analyzed TSR, which is based on share price movements and dividend yield per share for the period, for more than 2000 companies across the globe.
NLMK Group CEO Grigory Fedorishin said: “Our strong showing in the Value Creators ranking reflects the resilience of NLMK’s business model to a variety of macroeconomic environments, and our balanced approach to capital allocation.”
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK’s ordinary shares with a 18.6% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.
For more details on NLMK shareholder capital, please follow the link.