Stock market news

Sberbank

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022. Bank plans to make the airport an int...

Sistema

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022.

Sberbank

Supervisory Board of Sberbank recommended to pay dividends for 2023 in the amount of ₽33.3 per ordinary and preferred share, said to journalists head of credit organization German Gref. Last day to buy securities to receive dividends is July 10, 2024. Dividend yield of ordinary shares may reach 10.65%, preferred shares - 10.63%.

M.Video

Assortment of M.Video-Eldorado marketplace increased 1.5 times in Q1 and reached 160 thousand items of equipment and complementary goods. There are 860 suppliers working with the site, which is twice as many as at the beginning of 2023. Average check of partner goods increased 1.5 times, reaching ₽7.5 thousand. Positive dynamics was facilitated by the growth...

Tatneft

Board of Directors of Tatneft recommended to pay dividends of ₽25.17 per ordinary and preferred share for 2023. Last day to buy securities for dividends is July 8, 2024. Dividend yield on common stock could be 3.47% and on preferred stock - 3.46%.

Rosbank

Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of...

TCS Holdings

Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of...

RUSAL

Government authorities will soon consider support measures for Rusal, including the abolition of export duties and the purchase of the company's products as a reserve, said Deputy Head of the Ministry of Industry and Trade Viktor Yevtukhov. Deputy Minister added that in order to make a decision on support measures it is necessary to analyze the global balanc...

QIWI

Qiwi expects to recognize a loss of ₽22.7 billion in 2024 on the sale of its Russian business. Company has already recognized an impairment of ₽14.4 billion on the divested assets. Following the sale of the Russian assets, Qiwi intends to focus on developing its payment and financial services business in Kazakhstan, including kiosk payment acceptance, bulk p...

QIWI

QIWI's IFRS net profit for 2023 was ₽1.024 billion, compared to a loss of ₽1.063 billion in the previous year. Revenue increased 71% to ₽7.205 billion against ₽4.214 billion a year earlier.