Stock market news

Weber

Weber's largest shareholder, the investment company BDT Capital Partners, bought shares of other shareholders at $8.05 per share. Entire company was valued at $3.7 billion.

Home Depot

The Home Depot Board of Directors announced a quarterly dividend of $2.09 per share. The last day to buy securities to receive the dividend is March 7, 2023. The annual dividend yield may reach 2.53%.

Walmart

Walmart's GAAP net income for fiscal year 2023 was $11.292 billion, down 19% from $13.94 billion the previous year. Revenue increased 6.7% to $611.29 billion from $572.75 billion a year earlier.

Home Depot

Home Depot's GAAP net income for 2022 was $17.105 billion, up 4.1% from $16.433 billion the previous year. Revenue increased 4.1% to $157.4 billion from $151.16 billion a year earlier.

Polyus

Polyus gold mining company has postponed completion of the bankable feasibility study of the Sukhoi Log deposit amid current geopolitical situation. Company terminated cooperation with some international process equipment manufacturers, but has already identified alternative suppliers. It is planned to complete the adjustment of the project documentation tak...

RUSAL

Board of Directors of Rusal on the initiative of SUAL Partners called an extraordinary meeting of shareholders on March 27. On the agenda is the issue of granting SUAL access to documents and information about the strategic purpose and financial effect of Rusal's acquisition of Rusal's stakes in RusHydro. Shareholders' meeting will also consider the issue of...

Polyus

Gold doré production by Polyus in 2022 amounted to 2,568 thousand ounces, a decrease of 6% compared to the previous year. Ore processing volume increased by 1% to 48,319 thousand tonnes. Recovery rate decreased by 0.9 p.p. to 81.8%. Gold sales amounted to 2,423 thousand ounces, down 11% year-on-year.

T-Technologies

Margarita Hadjitofi and Marilou Pavlou have left the Board of Directors of TCS Group and its committees. According to the company, both Margarita Hadjitofi and Marilou Pavlou are citizens of Cyprus and reside in that country.

Rosseti Ural

Board of Directors of Rosseti Urals approved the acquisition of Fortum's power grid assets in Ozersk, Chelyabinsk Region. Value of the deal is estimated at ₽250 million. For completion of this transaction company will have to get the permission of the government committee. Acquisition of assets is part of the implementation of the state task to consolidate p...

Tattelecom

Tattelecom's RAS net income for 2022 was ₽1.514 billion, down 15.2% from ₽1.786 billion in the previous year. Revenue fell 4.5% to ₽8.412 billion compared to ₽8.804 billion a year earlier.