Yandex's Board of Directors has approved a share buyback of up to ₽50 billion. Purpose of the buyback is to implement a long-term employee motivation program. Company will continue to issue additional shares for the motivation program as needed. However, the buyback of shares from the market will reduce the increase in the number of free-float shares and inc...

Yandex Board of Directors on May 4, 2026 will consider the issue of a reverse stock buyback to implement a long-term employee motivation program. Company plans to allocate up to ₽50 billion over two years for the buyback. Additionally, the company will continue to issue additional shares for the motivation program as needed.

Yandex's net profit under IFRS for 3 months of 2026 amounted to ₽28.9 billion, compared to a loss of ₽10.8 billion in the previous year. Revenue increased by 21.6% to ₽372.7 billion, compared to ₽306.5 billion a year earlier.

Alice AI neural network use more than 19 million people on a weekly basis, and the development of agent scenarios is becoming a key area of focus, according to Valery Stromov, CEO of Alice and Smart Devices. Two AI agents have already been launched: Find Cheaper and Explore for complex data analysis. Former allows users to save up to 25% on their purchases,...