Stock market news

RUSAL

Board of Directors of Rusal will consider the issue of buyback today. Shares bought back on the company's balance sheet are deprived of voting rights and dividends. However, if the securities end up on the balance sheet of the issuer's subsidiary, the stake becomes a quasi-treasury stake, in which case it is voted by the management, which de facto strengthen...

Globaltrans Investment

Globaltrans announced the start of the buyback of receipts at ₽520 per paper. Buyback will be conducted in exchange format with daily settlements. Collection and satisfaction of bids will last until November 6, 2024.

Globaltrans Investment

Globaltrans applied to Moskbirge to delist the company's receipts. Date of trading termination is still unknown.

NovaBev Group

Novabev Group's total shipments for 9M 2024 amounted to 10.95 million decaliters, down 2.8% year-on-year. Shipments of own products decreased by 2.6% to 8.5 million decaliters. Sales of partner imported brands decreased by 3.6% to 2.4 million decaliters. Number of VinLab stores reached 1,909 outlets. Sales volume increased by 29.2%, traffic - by 10.4%, avera...

Severstal

Severstal has increased its estimate of investment in the project to build a pellet production facility at the Cherepovets Steel Mill site to ₽116 billion. Previously, investment in the project was estimated at ₽97 billion. Capex increase occurred in the process of fine-tuning the project parameters, including due to additional innovative environmental solut...

Globaltrans Investment

Globaltrans shareholders approved the repurchase of depositary receipts at ₽520 per paper. Purchase of the securities will be carried out by means of an exchange offer.

Renaissance Insurance

Renaissance Insurance Group has closed the acquisition of VSK Life Line business. Portfolio size of about ₽12 billion consists of accumulation and investment insurance products.

VK

VK acquired 20% in NKS Technologies LLC, which specializes in automating the process of selling tickets through various channels. Press service of VK explained that the company plans to use the IT-development team of NKS Technologies LLC in its own projects.

Territorial Generating Company № 14

TGC-14's SPO amounted to ₽1.5 billion. 10.86% of the company's shares were placed at a price of ₽0.01 per share. At least 65% of the funds raised will be channeled into the company by repaying the selling shareholder's debt to TGC-14.

Positive Technologies Group

Positive Technologies Board of Directors decided to convene on November 07 the general meeting of shareholders to reconsider the issue of additional share issue, including the program of capitalization growth stimulation into the set of materials for the meeting. All previously published parameters of the planned share issue remained unchanged.