The state will reduce its stake in Channel One to 34%

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At the same time, the state will receive a “golden share”

President Vladimir Putin signed a decree to increase the authorized capital of the Channel One company. The state’s share will be reduced to 34%, previously it was 31%.

The additional issue of shares is carried out among non-state shareholders.

This decision was made in connection with the need for “financial recovery” of the channel, said in the Ministry of Digital Science. But the state will receive a “golden share”.

“Golden share” is a conventional name for corporate law owned by a state or municipal entity that is a shareholder of a joint stock company. Serves for state control over the privatized enterprise

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