Stock market news

X5 Group

X5 Retail Group launches a project to install charging stations for electric cars near the Perekrestok chain. First stations have already appeared in the parking lots of three stores of the chain in St. Petersburg. They have a capacity of 60 kW and are able to recharge the battery of an electric car to the level of 80% in 20 to 60 minutes.

IMCB

Shareholders of IMCB approved dividends for 6 months 2024 in the amount of ₽5 per ordinary share. The last day of purchase of securities to receive dividends is September 13, 2024. Dividend yield may amount to 3.47%.

EN+ Group

En+ Group is discussing with the Ministry of Energy and the Market Council the conditions for abandoning a part of TPP modernization projects that have become impractical due to a significant increase in the cost of equipment and construction and installation works, said CEO of the company Vladimir Kolmogorov on the margins of the Eastern Economic Forum. Rea...

SPB Exchange

SPB Exchange added 85 shares of Russian companies to the list of securities admitted to trading. All of them are already traded on the Moscow Exchange.

Softline

Softline sold 9.27% of its shares to a large institutional investor. Transaction was concluded at the average market price of the share for the period during the month preceding the signing of the deal. Thus, the transaction amounted to about ₽4.5 billion. According to RBC, the buyer was a structure of Gazprombank.

INGRAD

INGRAD's RAS net profit for 6 months of 2024 amounted to ₽451.4 million, up 6.5 times from ₽69.5 million in the previous year. Revenue grew 11 times to ₽8.08 billion against ₽0.75 billion a year earlier.

RUSAL

Rusal's management is preparing a share buyback program, sources told TASS. Appropriate proposal is planned to be submitted to the company's Board of Directors in November this year.

Mosgorlombard

Revenue of Mosgorlombard for 8 months of 2024 amounted to ₽4.2 billion, increasing 4 times compared to last year. Portfolio of collateral loans in the pawnshop direction and commodity balances in resale increased 1.7 times, to ₽1.3 billion. Number of retail customers exceeded 140 thousand people.

Federal Grid Company - Rosseti

Decision on payment of dividends by Russian Grids remains with the government, while the company is focused on the instruction not to pay them, said Andrei Ryumin, head of the company. Company has no additional sources of funds for investment, and capital-intensive projects are very difficult to finance, including in this regard, a decision was made two year...

Yandex

IT company Yandex has been working on various options for entering the outdoor advertising market since spring 2024. Company plans to place outdoor advertising both on its own advertising surfaces and in partnership with other market players in the Digital Out of Home segment, which includes digital billboards on the streets, screens in the subway and intera...