Stock market news

Sollers

First UAZ vehicles produced in Ghana may roll off the assembly line in the capital of the country in the 1st quarter of 2024, said the Chairman of the Ghana-Russia Business Development Council Lawrence Auku-Boateng. Currently, the preparation of the premises and equipment is already underway.

Rostelecom

Rostelecom plans to invest at least ₽15 billion over the next three years in acquiring companies and financing their development. Company intends to invest about ₽3 billion a year in venture assets. Deals themselves range in size from ₽10 million to ₽300 million.

UTair Aviation

UTair Aviation has suspended the operation of 30 Mi-17 family helicopters due to a reduction in its participation in United Nations missions. Old contracts are expiring and no new ones are being signed. UTair has a total of 98 Mi-17 family aircraft.

Whoosh

Board of Directors of Whoosh approved a long-term employee incentive program and the first stage of repurchase of own shares to form an option pool. Participants in the program will receive shares in the company at the end of 2024, 2025 and 2026 if EBITDA targets are achieved. Maximum number of shares to be purchased in the option pool does not exceed 4,500,...

Samolet Group of Companies

Developer Samolet has completed its first business class project in Moscow and is expanding its presence in this segment. Developer buys 6 hectares of land on Vasilievsky Island in St. Petersburg from Gazprombank-Invest, sources told Kommersant. Price of the plot is estimated by experts at ₽5 billion. On the site it is possible to build 70 thousand square me...

Magnit

Magnit's IFRS net profit for 9 months of 2023 amounted to ₽49.66 billion, up 12.9% from ₽43.97 billion in the previous year. Revenue rose 7.3% to ₽1.858 trillion against ₽1.731 trillion a year earlier.

Nike

Nike Board of Directors announced a quarterly dividend of $0.37 per share. The last day to buy securities to receive the dividend is December 1, 2023. The annual dividend yield may reach 0.97%.

Magnit

Magnit's retail revenue for 9 months of 2023 amounted to ₽1.828 trillion, up 7.7% from ₽1.696 trillion a year earlier. LFL sales rose 4.6%, average check rose 3.4% and traffic rose 1.2%. Total number of chain outlets increased year-on-year by 6.1% to 28,707 stores. Retail space increased by 5.8% to 9.894 million square meters.

Rosneft Oil Company

Board of Directors of Rosneft Oil Company recommended that dividends be paid for 9 months 2023 in the amount of ₽30.77 per ordinary share. The last day of the purchase of securities to receive dividends is January 10, 2024. Dividend yield may amount to 5.2%.

Nebius Group

Yandex's board of directors will meet in late November to discuss the terms of a deal to sell its entire Russian business, which could be announced as early as next month, Bloomberg has learned. According to the agency's sources, some Russian investors in the Dutch parent company will be able to convert their stakes into shares in a Russian legal entity that...