CTC Media Changes Payment Date for Pending Quarterly Dividend
OREANDA-NEWS. June 22, 2012. CTC Media, Inc. (“CTC Media” or the “Company”) (NASDAQ: CTCM), Russia’s leading independent media company, announced that its pending quarterly dividend will be paid on or about June 29, 2012, rather than June 20, 2012, as previously announced, reported the press-centre of CTC Media.
There has been no change to the record date or the amount of the dividend; the record date remains June 1, 2012, and the amount is USD0.13 per share (or approximately USD 21 million in the aggregate).
About CTC Media, Inc.
CTC Media is a leading independent media company in Russia, with operations throughout Russia and in a number of other CIS markets. It operates three free-to-air television networks in Russia – CTC, Domashny and Peretz – as well as Channel 31 in Kazakhstan and a TV company in Moldova, with a combined potential audience of over 150 million people. The international pay-TV version of the CTC channel is available in North America, Europe, North Africa, the Middle East and Central Asia. CTC Media also has its own TV content production capabilities through its Story First Production subsidiary. The Company’s common stock is traded on the NASDAQ Global Select Market under the symbol “CTCM”. For more information about CTC Media, please visit www.ctcmedia.ru.