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  2. Share Prices
  3. Steppe Cement Share Price
  4. Steppe Cement Share News
  5. IN BRIEF: Steppe Cement to review ways to return funds to shareholders

Pin to quick picksSteppe Cement Share News (STCM)

Steppe Cement Information

Share Price Information for Steppe Cement (STCM)

London Stock Exchange
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Share Price: 17.50
Bid: 16.00
Ask: 19.00
Change: 0.00 (0.00%)
Spread: 3.00 (18.75%)
Open: 17.50
High: 17.50
Low: 17.50
Prev. Close: 17.50
STCM Live PriceLast checked at -

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IN BRIEF: Steppe Cement to review ways to return funds to shareholders

Wed, 13th Dec 2023 21:56

Steppe Cement Ltd - Malaysia-based Kazakhstan-focused cement producer - Says new tax legislation in Malaysia, the Netherlands and Kazakhstan means its corporate structure is inefficient for making shareholder returns. Says it is therefore reviewing other ways to distribute value to shareholders. Notes that it said it would pay a dividend between 2 pence and 3p in July last year.

Current stock price: 23.00 pence each

12-month change: down 46%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
3 Sep 2010 08:02

Steppe Cement cuts losses

Kazakhstan based cement supplier Steppe Cement knocked down half year losses to $4.6m from $19.5m the year before as demand recovers. Revenue for the six months ended 30 June 2010 rose to $31.6m from $24.8m while average sales price increased from $54 a tonne to $61 a tonne. The Kazakhstan cemen

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27 Jul 2010 08:19

Steppe Cement 1H Sells 523,156 Tons Of Cement For KZT4,694M

LONDON (Dow Jones)--Steppe Cement Ltd (STCM.LN), a Malaysian-incorporated holding company, said Tuesday that in the first half of 2010, it sold 523,156 ton of cement for KZT4,694 million, compared to 442,227 tonnes of cement for KZT3,881 million in the first half of 2009. MAIN FACTS: -This r

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30 Oct 2009 08:19

Steppe Cement lifts production

Kazakhstan-based cement supplier Steppe Cement posted higher revenues in the third quarter despite lower prices after lifting production. Third quarter revenue totalled KZT3.083bn (£12.6m) a rise of 11% from the same period a year ago, with sales volumes climbing by 35% to 286,896 tonnes. The ave

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