Stock market news

Globaltrans Investment

Moscow Exchange has set October 18 as the last day of trading in Globaltrans receipts before delisting.

MGKL

Mosgorlombard has announced the development of its own online resale platform. Main difference from other platforms will be the possibility for a user to instantly sell his goods and receive money. In addition, the platform will give small sellers the opportunity to quickly sell their products in small and medium wholesale. Launch of its own online platform...

Positive Technologies Group

Bank of Russia resumed the issue of Positive Technologies ordinary shares. Additional issue was suspended in early September amid the appeal of a number of minority shareholders of the company dissatisfied with its terms. Company intends to increase its capital by 7.9% by placing shares by closed subscription in favor of its subsidiary Positive Technologies...

RUSAL

Board of Directors of Rusal will consider the issue of buyback today. Shares bought back on the company's balance sheet are deprived of voting rights and dividends. However, if the securities end up on the balance sheet of the issuer's subsidiary, the stake becomes a quasi-treasury stake, in which case it is voted by the management, which de facto strengthen...

Globaltrans Investment

Globaltrans announced the start of the buyback of receipts at ₽520 per paper. Buyback will be conducted in exchange format with daily settlements. Collection and satisfaction of bids will last until November 6, 2024.

Globaltrans Investment

Globaltrans applied to Moskbirge to delist the company's receipts. Date of trading termination is still unknown.

NovaBev Group

Novabev Group's total shipments for 9M 2024 amounted to 10.95 million decaliters, down 2.8% year-on-year. Shipments of own products decreased by 2.6% to 8.5 million decaliters. Sales of partner imported brands decreased by 3.6% to 2.4 million decaliters. Number of VinLab stores reached 1,909 outlets. Sales volume increased by 29.2%, traffic - by 10.4%, avera...

Severstal

Severstal has increased its estimate of investment in the project to build a pellet production facility at the Cherepovets Steel Mill site to ₽116 billion. Previously, investment in the project was estimated at ₽97 billion. Capex increase occurred in the process of fine-tuning the project parameters, including due to additional innovative environmental solut...

Globaltrans Investment

Globaltrans shareholders approved the repurchase of depositary receipts at ₽520 per paper. Purchase of the securities will be carried out by means of an exchange offer.

Renaissance Insurance

Renaissance Insurance Group has closed the acquisition of VSK Life Line business. Portfolio size of about ₽12 billion consists of accumulation and investment insurance products.