Stock market news

Polyus

Board of Directors of Polyus has reaffirmed its commitment to the current dividend policy and plans to make a final decision on the recommendation on the amount of dividends for 2022 in the period before the Annual General Meeting of Shareholders. However, when considering the recommendation on the dividend amount, the constantly changing economic environmen...

Polyus

Polyus' IFRS net income for 2022 was ₽111.85 billion, down 33.2% from ₽167.42 billion in the previous year. Revenue was down 19.5% to ₽294.07 billion compared to ₽365.18 billion a year earlier.

Ozon Holdings

Construction of Ozon logistics hub was completed in Astana, which has become the largest in the e-commerce sector in Kazakhstan. Fulfilment center with a total area of 38 thousand square meters will open in April to receive a wide range of goods. Complex will be able to process at least 260,000 orders a day, and up to 9 million goods in all categories - from...

Sberbank

Raiffeisen Bank International intends to exchange its assets in Russia for those of Sberbank in Vienna. The decision is due to Sberbank's inability to directly profit from the sale of its European assets because of EU sanctions and restrictions imposed in Russia on the withdrawal of currency abroad, which prevent Raiffeisen from receiving dividends from its...

Positive Technologies Group

Positive Technologies' board of directors has recommended a dividend of ₽37.87 per common share as the first installment of the 2022 dividend. Last day to buy securities to receive the dividend is April 12, 2023. The dividend yield could be 2.21%. Recommendations for the second part will be formed after the publication of financial statements in early April...

Mobile TeleSystems

MTS plans to launch its own video hosting service in the hope of attracting part of the Russian audience of YouTube and TikTok, Kommersant sources told Kommersant. The core of the project will be the existing game streaming service WASD, which the operator wants to refine. At the first stage, MTS may invest about ₽1.5-2 billion in it. Experts are skeptical a...

Realty Income

The Board of Directors of Realty Income announced monthly dividends of $0.255 per share. The last day of purchase of securities for receiving dividends is March 30, 2023. The annual dividend yield may be 4.55%.

Phosagro

PhosAgro plans to double its fertilizer shipments to Africa over the next five years, said Alexander Sharabayko, the company's deputy general director for finance and international projects. During last five years the company has already increased the export of fertilizers to the countries of the African continent four times. PhosAgro's share in this market...

Tatneft

Government Commission for the Control of Foreign Investment has approved Tatneft's purchase of the Finnish tire manufacturer Nokian Tyres' enterprises in Russia. Maximum amount of the deal, determined by the Commission, is ₽23.05 billion, or €286 million at the Bank of Russia's exchange rate as of March 13. Initially, the parties had agreed on a sum of €400...

Sistema

Pharmaceutical company Binnopharm Group plans to invest about ₽5 billion in its own development in 2023, said CEO of Binnopharm Group Rustem Muratov. Company is implementing several projects to increase its production capacity. In addition, the company plans to open a new R&D center in the near future, the work in this direction is at the final stage. The to...