Stock market news

LUKOIL

Bulgaria will allow the Black Sea oil refinery owned by Russian Lukoil to continue operating and exporting oil products to the European Union until the end of 2024, despite Brussels' warning to violate sanctions, The Independent reported. The Bulgarian government claims that due to the termination of Lukoil's refinery operation there will be a deficit in the...

SPB Exchange

On December 8, 2022 SPB Exchange plans to begin trading of ordinary shares of Kazakhstan's Kazmunaigaz, whose IPO will take place on the same day on the KASE and AIX exchanges. The Russian trading floor included Kazmunaigaz shares in the listing with the ticker KMG@KT on November 21. They belong to the group of instruments "securities of foreign issuers from...

VK

The Odnoklassniki social network has a new monetization program for group authors - they will be able to receive income for publishing photos, videos, longreads and other types of content in their groups. Amount of payment will not be limited; it will grow in accordance with the growth of displays in the user's feed of the publications. Funds for payments to...

Transneft

The Belarusian state-owned company Gomeltransneft Druzhba asked the Russian Transneft to increase the tariff for pumping oil through the Druzhba pipeline by 39% from January 1, 2023. The company justified it by the expected halving of cargo turnover through their system from the beginning of next year. "Gomeltransneft Druzhba" has become the second company i...

Zendesk

Investment firms Permira and Hellman & Friedman completed the acquisition of Zendesk for $10.2 billion, or $77.5 per share.

Continental Resources

Main shareholder of Continental Resources Harold Hamm bought all shares of the company from minority shareholders at $74.28 per share. Thus, Continental Resources became a private company, and its securities are no longer traded on the NYSE.

Positive Technologies Group

Positive Technologies announced the launch of Russia's first bug bounty program of a new type, which is focused not on finding purely technical vulnerabilities in the company's external services, but on the realization of a really critical event for the company - money theft from accounts. A reward of ₽10 million will be given to a researcher who, in accorda...

Sysco

The Sysco Board of Directors announced a quarterly dividend of $0.49 per share. The last day to buy securities to receive the dividend is January 4, 2023. The annual dividend yield may reach 2.34%.

UGI

The UGI Board of Directors announced a quarterly dividend of $0.36 per share. The last day to buy securities to receive the dividend is December 13, 2022. The annual dividend yield may reach 1.81%.

Sistema

Pharmaceutical company Binnopharm Group, part of Sistema JSFC, does not exclude the possibility of entering the Asian stock exchanges. One of the potential options are Chinese stock exchanges - Hong Kong and Shanghai, said the company's CEO Rustem Muratov. Сompany maintains plans to hold an IPO, but there is no interest from the market at the moment. However...