Stock market news

VTB Bank

VTB plans to start providing brokerage services to legal entities in 2024. Bank sees strong demand for brokerage products from corporate clients and intends to provide them with the opportunity to place free funds through repo transactions, trade securities and hedge currency risks with futures contracts on the Moscow Exchange. In addition, VTB will offer le...

MOEX Group (Moscow Exchange)

Moscow Exchange is developing a service for corporate bond issuers to create the Bookbuilder order book. Solution will provide simultaneous access to the order book for all placement participants, its export and storage of the history of changes. It will also include group chat functionality. Moscow Exchange will present a test version of the product in the...

NOVATEK

Novatek may for the first time send ultra-late LNG shipments from Yamal eastward under icebreaker escort directly to the Asian market in January-April 2024, said Sergei Zybko, head of the Glavsevmorput Federal State Budgetary Institution. Company has not risked to make early conductions since the winter of 2021, when one of the tankers suffered during an att...

MMC Norilsk Nickel

Nornickel's shareholders approved a share split at a ratio of 100. Date of the split will be announced later.

VTB Bank

VTB will return to the discussion of dividend payments as it restores capital and will focus on the distribution of 50% of profits, said the president of the state-owned bank Andrei Kostin. This will happen not earlier than 2026, when the bank may consider paying dividends based on 2025 results.

MMC Norilsk Nickel

Shareholders of MMC Norilsk Nickel approved dividends for 9 months 2023 in the amount of ₽915.33 per ordinary share. The last day of purchase of securities to receive dividends is December 25, 2023. Dividend yield may amount to 5.52%.

Globaltrans Investment

Globaltrans CFO Alexander Shents decided to leave the company to pursue new opportunities. He had been responsible for the group's finances since 2008. Dmitry Frolov has been appointed as the new CFO. Until now, he held the position of Deputy CEO of the subsidiary GTI Management, where he was responsible, among other things, for business development, M&A tra...

TMK

TMK's shareholders decided to place an additional issue of 40 million shares by private subscription in favor of TMK's major shareholder TMK STEEL HOLDING LLC. By participating in the additional issue, the principal shareholder will transfer to TMK the funds raised in the recent SPO. Shares are being offered at an SPO price of ₽220.68 per paper. However, the...

MOEX Group (Moscow Exchange)

Moscow Exchange has secured the conclusion of the first purchase and sale of DFA within the framework of their secondary circulation. In this case, the trading platform acts as an exchange operator for digital financial assets. At the moment, Moscow Exchange is Russia's first and only DFA exchange operator.

Abrau-Durso

Abrau-Durso opened in Moscow a boutique with a cafe called Abrau Club. Assortment of the outlet will include its own collections based on textiles, tableware and home goods. They will be combined with collaborations and products from partner brands that are close in spirit and aesthetics. Latter include Sugarpine ceramics, Pattisoncha organic cosmetics, UNIK...