Putin approves reduction of state share in ALROSA to 33%

Russian President Vladimir Putin signed a decree on making changes in the list of strategic enterprises and joint-stock companies, according to which the share of the state in ALROSA could amount to 33.001%.

The Russian Federation currently owns 44% in ALROSA, the Republic of Sakha (Yakutia) - 25%, Yakutian districts - 8%. Around 23% of the company’s shares are in the free float.

First published by TASS.

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