Stock market news

Bashinformsvyaz

Federal Antimonopoly Service granted Bashinformsvyaz's application for the acquisition of 49.9% in Inform LLC. Company is a joint venture of Lukoil in the field of integration of IT-solutions for enterprises of the fuel and energy complex. Value of Inform LLC may amount to about ₽2 billion.

JPMorgan Chase & Co

The JPMorgan Chase & Co. Board of Directors announced a quarterly dividend of $1 per share. The last day to buy securities to receive the dividend is April 4, 2023. The annual dividend yield may reach 3.28%.

Mobile TeleSystems

Serenity Cyber Security, which belongs to MTS, will start providing communication services on MVNO model to business and premium customers. At the initial stage, the project will be implemented through a mobile application. For ₽5,000 a month users will get accelerated communication and Internet, spam and advertising blocking and a built-in firewall. If the...

VTB Bank

Supervisory Board of VTB has called an extraordinary meeting of shareholders to decide on the issue of increasing the authorized capital by means of placement of ordinary shares on April 25. Information about the volume of the proposed additional issue will be disclosed not later than April 5.

Rosbank

Rosbank's IFRS net income for 2022 was ₽4.9 billion, down four times from ₽19.6 billion in the previous year. Net interest income rose 14% to ₽53.9 billion from ₽47.3 billion a year earlier.

Rostelecom

Operator Rostelecom formed a cluster of consumer services, which includes offices of digital products, such as video surveillance and Smart Home, Key, etc., the entire Tele2 group, Unified Marketing, Wink video service, MTT MC, which serves Rostelecom subscribers and telemarketing, as well as regional B2C assets. New cluster is nearly 60% of the group's reve...

Novorossiysk Bakery Products Plant

Novorossiysk Grain Products Plant's net profit under IFRS for 2022 was ₽1.958 billion, down 17.8% from ₽2.383 billion in the previous year. Revenue fell 22.2% to ₽4.963 billion compared to ₽6.376 billion a year earlier.

Cherkizovo Group

Cherkizovo Group is studying the possibility of building a sunflower oil extraction plant in the Penza Region. Capacity of the future enterprise is estimated at 200 thousand tons per year. Investments are not disclosed by the company.

SPB Exchange

Bank of Russia is changing the rules for the purchase by unqualified investors of securities of friendly issuers which are accounted for in a non-depository from April 1. The broker will have the right to execute the client's order only if he has notified the client of the possible further blocking of such securities. In addition, the regulator from today su...

South Urals Nickel Plant

South Urals Nickel Plant's net profit under RAS for 2022 was ₽343.51 million, up 14 times from ₽24.62 million in the previous year. Revenue fell 46.2% to ₽66.301 million versus ₽123.25 million a year earlier.