Stock market news

Rostelecom

Rostelecom will present a new development strategy for Q2 2024. Together with the strategy, the company's new dividend policy will also be presented.

Fix Price Group

Shareholders of Fix Price approved the proposal of the board of directors to redomicile the company from Cyprus to the Astana International Financial Center in Kazakhstan. Company plans to maintain its GDR listing on the London Stock Exchange and Moscow Exchange after the completion of the redomiciliation process.

Gazprom Neft

Board of Directors of Gazprom Neft recommended that dividends be paid for 9 months 2023 in the amount of ₽82.94 per ordinary share. The last day of the purchase of securities to receive dividends is December 26, 2023. Dividend yield may amount to 10.21%.

Phosagro

PhosAgro for 9 months of 2023 produced 8.573 million tonnes of fertilizers, up 3.7% year-on-year from 8.265 million tonnes a year earlier. Fertilizer sales volumes increased by 2.5% to 8.666 million tonnes. Phosphate fertilizer sales rose 3.2% to 6.594 million tons, while nitrogen fertilizer sales fell 0.7% to 1.908 million tons.

Phosagro

PhosAgro's IFRS net profit for 9 months of 2023 amounted to ₽56.78 billion, down 3 times from ₽165.5 billion in the previous year. Revenue fell 28.4% to ₽328.89 billion against ₽459.42 billion a year earlier.

Phosagro

Board of Directors of Phosagro recommended that dividends be paid for 9 months 2023 in the amount of ₽291 per ordinary share. The last day of the purchase of securities to receive dividends is December 22, 2023. Dividend yield may amount to 4.22%.

Sistema

Cosmos Hotel Group is preparing to open this winter a five-star hotel in the village of Dombay in Karachay-Cherkessia. New accommodation facility - Cosmos Selection Dombay Diamond Hotel - will be the first and so far the only chain five-star hotel in the ski resort. Dombay attracts more and more tourists, but there is a shortage of hotels with a high level o...

Far-Eastern Shipping Company

Tasked with managing all maritime traffic on the Northern Sea Route and being responsible for part of the northern imports, commented Alexey Likhachev, Director General of Rosatom, on the transfer of Fesco shares to the state corporation. One day earlier, Russian President Vladimir Putin signed a decree on the transfer of Fesco shares to Rosatom State Corpor...

Yakovlev

Yakovlev's board of directors set the price of the additional shares offering at ₽21.8007 per paper. Company plans to place 32 billion additional shares by private subscription in favor of a classified circle of persons. Payment for the shares may be made in cash or property, as well as by set-off of counter monetary claims.

OGK-2

OGK-2's IFRS net profit for 9 months of 2023 amounted to ₽15.837 billion, down 6.5% from ₽16.941 billion in the previous year. Revenue increased 14.3% to ₽119.86 billion against ₽104.89 billion a year earlier.