Astra's Board of Directors decided to buy back shares on the market in favor of the subsidiary Astra Technologies LLC to implement long-term incentive programs for management and key employees. Size of the buyback will be up to 2 mln shares, which is equivalent to approximately 1% of the share capital. At the first stage, about 500 thousand shares are expect...

Astra's RAS net profit for 2024 amounted to ₽3.9 billion, compared with a loss of ₽0.09 billion in the previous year. Revenues increased 24-fold to ₽4 billion against ₽0.164 billion a year earlier.

Astra Group management plans to propose to the board of directors to consider launching a share buyback program in the second quarter. Management believes that the current market capitalization does not reflect the real value of the business, which makes such a step economically feasible.

Astra's IFRS net profit for 2024 amounted to ₽6.04 billion, up 65.9% from ₽3.64 billion in the previous year. Revenue rose 80.4% to ₽17.21 billion versus ₽9.54 billion a year earlier.