Stock market news

NOVATEK

Board of Directors of Novatek recommended that dividends be paid for 6 мес. 2022 in amount of ₽45 per ordinary share. The last day of the purchase of securities to receive dividends is October 5, 2022. Dividend yield may amount to 3.86%.

M.Video

M.Video-Eldorado Group has not changed its dividend policy and plans to revisit the issue of dividend payments later, the company's CFO Anna Garmanova said. "All the uncertainties that the market has faced, unfortunately, are still uncertain at the moment. Therefore, this issue is now suspended, and we will return to it later," she responded to a question ab...

M.Video

Retailer M.Video-Eldorado has no plans to open new stores by the end of 2022 and will focus on improving business efficiency, said group's chief operating officer Sergei Lee. "It is important for the company to establish product deliveries and finalize the assortment, the company will focus on improving efficiency. Having done that, we will be ready to talk...

Rostelecom

Rostelecom-Solar has become a Premium Partner of Positive Technologies, the developer of cybersecurity solutions. The highest status gives RTK-Solar the opportunity to test new product releases and new solutions of Positive Technologies before other market players, offer ideas for developing their functionality, and demonstrate the vendor's products to custo...

MOEX Group (Moscow Exchange)

Moscow Exchange is negotiating with many possible takeover targets, said Managing Director for Strategy and International Presence Artem Zheleznov. In general, the approach to M&A deals remained unchanged: if a new service or business, which is complementary to the strategy, is faster and cheaper to buy than to build itself, then company enters negotiations,...

Novorossiysk Bakery Products Plant

Novorossiysk Grain Products Plant's IFRS net profit for six months of 2022 was ₽0.501 billion, down 2.5 times from ₽1.272 billion in the previous year. Revenues halved to ₽1.696 billion from ₽3.569 billion a year earlier.

Citigroup

Citigroup will begin winding down its retail and commercial banking business in Russia this quarter. Group's investments in Russia totaled $8.4 billion at the end of the second quarter of 2022, down 14% from $9.8 billion at the end of 2021, of which about $1 billion was in the consumer and commercial banking business. Citigroup's global strategy calls for an...

Rosseti Centere

Rosseti Center's IFRS net income for six months of 2022 was ₽3.471 billion, down 5.6% from ₽3.678 billion in the previous year. Revenue increased 4.7% to ₽54.613 billion compared to ₽52.143 billion a year earlier.

Big Lots

Big Lots' Board of Directors announced a quarterly dividend of $0.3 per share. last day to buy securities to receive the dividend is September 7, 2022. Annual dividend yield may reach 3.99%.

Fix Price Group

Fix Price has commissioned a new distribution center in the Samara region, which is the company's ninth. The warehouse with a total area of about 40,000 square meters already serves more than 400 stores located in seven regions: Orenburg, Penza, Samara, Saratov, Ulyanovsk regions, as well as in the republics of Tatarstan and Bashkortostan. Premises are lease...