Stock market news

MOEX Group (Moscow Exchange)

Bank of Russia, Ministry of Finance and Ministry of Economic Development are now discussing the details of a federal project that will be based on public offerings. By the end of 2030, it is planned to hold IPOs of companies with state participation worth up to ₽1 trillion. About 30 state-owned companies already have a decent performance indicator, informati...

MGKL

MGKL launched a new pilot project - fast B2B buying of goods from Resale Market. Service is designed to optimize the business processes of sellers and wholesalers wishing to promptly release warehouse stocks. MGKL plans to scale this pilot in the future.

X5 Group

PJSC Corporate Center IKS 5 completed the collection of applications from holders of X5 Retail Group N.V. depositary receipts with custody in foreign depositories for the distribution of the company's shares. In addition, at the end of August, the company completed the crediting of shares to the accounts of holders of X5 Retail Group N.V. depositary receipts...

Artgen

Artgen will buy an additional ₽240 million of subsidiary Genetico. Genetico will use the raised funds to repay a bond issue.

Genetico

Genetico will issue an additional ₽240 million to repay a bond issue. Securities will be purchased by the parent Artgen Biotech.

Rosseti Kuban

Moscow Exchange excluded shares of Rosseti Kuban from the list of securities admitted to trading. Last trading day will be December 10.

Rostelecom

Rostelecom shareholders approved dividends of ₽6.06 per ordinary and preferred share for 2023. The last day to purchase securities to receive the dividend is September 26, 2024. The dividend yield on the common stock could be 7.86%%, preferred stock - 8.3%.

Yandex

IT company Yandex sells an experimental telemedicine business that operates under the Yandex.Zdorovye brand and helps to conduct online consultations with doctors. Service buys Genotek, a company specializing in genetic research and personalized medicine. Yandex itself will focus on the development of health-related information services, such as searching fo...

Phosagro

Shareholders of Phosagro approved dividends for 6 months 2024 in the amount of ₽117 per ordinary share. The last day of purchase of securities to receive dividends is September 19, 2024. Dividend yield may amount to 2.31%.

VK

VK bought the Pervomayskaya CHPP shop in St. Petersburg from TGK-1 to create a data center. Amount of the deal is not disclosed. Stanislav Bibik, partner of NF Group, assumes that the building, excluding capacity and engineering systems, may cost up to ₽1 billion.