Stock market news

Simon Property Group

The Simon Property Group Board of Directors announced a quarterly dividend of $1.8 per share. The last day to buy securities to receive the dividend is March 8, 2023. The annual dividend yield may reach 6.18%.

Lenta

Retailer Lenta will launch a pilot project to reformat some existing hypermarkets. Chain has already applied to Rospatent with a request to register a new trademark - Lenta Economy. Previously, company has repeatedly stated that it notes the trend to save money among its customers. Company needs to adjust to this trend and change the range of hypermarkets to...

Pharmacy Chain 36.6

Pharmacy Chain 36.6's revenues for 2022 were ₽67.3 billion, up 26.5% year-on-year. LFL-sales grew by 15.2%. Growth in comparable revenues occurred against the background of an increase in the average check also by 15.2%, while traffic remained at the level of 2021. Total number of pharmacies increased by 12.3% to 1,814 pharmacies. Company received a net prof...

Tyson Foods

Tyson Foods' GAAP net income for 3 months of fiscal year 2023 was $0.32 billion, down 3.5 times from $1.126 billion in the previous year. Revenue increased 2.6% to $13.26 billion from $12.93 billion a year earlier.

NOVATEK

Novatek's IFRS net profit for 2022 grew by more than 50% compared to the previous year, the company's head Leonid Mikhelson said. Novatek's 2021 profit rose 6.4 times to ₽432.93 billion. "There is a dividend policy and we will stick to it," Mikhelson added, when asked whether investors should expect dividends for 2022.

Avangard Bank

Shareholders of Avangard Bank approved dividends for 2023 in the amount of ₽39.2 per ordinary share. The last day of purchase of securities to receive dividends is February 10, 2023. Dividend yield may amount to 2.4%.

Territorial Generating Company № 14

TGC-14's revenues from all types of activities for 2022 grew by 10.3% and reached record levels, said Konstantin Lyulchev, the company's Chairman of the Board of Directors. TGC-14's revenue according to RAS for 2021 amounted to 12.93 billion. Thus, the revenue for 2022 may amount to about ₽14 billion.

VEON

VEON's Board of Directors announced a change in the ADR conversion ratio of 1 to 25. Now one ADR grants rights for one share. No new shares will be issued, so the change in the ratio will have the same effect as a consolidation of shares with the same ratio, the company said. The changes will take effect on March 6, 2023.

Sberbank

Sberbank started issuing SberPay payment stickers. Ordering a SberPay sticker is available to all owners of SberKart Mir debit cards. Requests can be made free of charge in Sberbank Online, and can be received at any bank office or by courier delivery in Moscow and St. Petersburg. Bank has promised to issue 100 thousand stickers free of charge for testing.

SPB Exchange

SPB Exchange on February 8 will start trading in shares of 35 new issuers with a primary listing on the Hong Kong Stock Exchange. Thus, their total number will increase to 115 securities. On February 8, will be added companies from 17 new sectors of China's economy, bringing the total number of represented industries to 64.