Stock market news

Positive Technologies Group

Positive Technologies' Board of Directors proposed to shareholders to increase the authorized capital by placing additional issue of shares by closed subscription. Other parameters of the share offering have not been disclosed yet. Earlier the company reported that the volume of the additional share issue will amount to 7.9% of the capital. Shareholders' mee...

Rushydro

Board of Directors of Rushydro recommended that dividends be paid for 2023 in the amount of ₽0.0779 per ordinary share. The last day of the purchase of securities to receive dividends is July 8, 2024. Dividend yield may amount to 11.95%.

Rusagro

Rusagro Group and the Government of Kuzbass signed an agreement on the construction of the company's rapeseed and oil production plant in the region. Launch of production with a capacity of 1 million tons of rapeseed and 600-700 thousand tons of oil is scheduled for 2027. Investments volume will amount to about ₽21 bln.

TMK

TMK sold Yartsevsky Metzavod, which it acquired in October 2020, to a third-party investor. Sale of the non-core asset will allow the company to focus on its core business: development and supply of advanced pipe solutions, services and integrated engineering projects.

Sovcombank

Sovcombank has agreed to change the terms of the purchase of Home Bank. Additional issue shares will pay 90% of the value of the credit organization, the rest will be paid in cash. For this purpose, the bank will issue 1.9 billion shares at a price of ₽17.44 per paper. Changing the structure of the transaction will allow the capital and net income of both ba...

Samaraenergo

Samaraenergo shareholders approved dividends for 2023 in the amount of ₽0.234 per common and preferred share. Last day to purchase securities to receive the dividend is June 17, 2024. Dividend yield on the common stock could be 6.18, preferred - 5.78%.

Sistema

Medsi clinic chain is fully ready for IPO may go public as early as 2024, said Vladimir Evtushenkov, the founder of Sistema JSFC. He also stressed that there are enough candidates for IPO: "MTS Artificial Intelligence Center", MTS Travel and many other companies can claim to be IPO candidates by their profitability. "All this, let's say, will be determined b...

LUKOIL

Lukoil Oil Company has completed compressor repairs and launched a catalytic cracking unit at the Nizhny Novgorod Refinery, Russian Deputy Prime Minister Alexander Novak said at SPIEF. Unit operation was temporarily halted in January. According to Rostekhnadzor, the reason for the unit's decommissioning was a faulty compressor part.

Element

Element Group of Companies and LETI University of St. Petersburg are establishing a joint venture to develop power electronics and photonic integrated circuits. Series production of the developments will be launched at the facilities of Element's new enterprise in Zelenograd. New enterprise already has its first major customer - Transmashholding, the largest...

VK

Audience of the Russian RuStore app store has approached 40 million users per month, VK head Vladimir Kirienko told SPIEF. In October 2023, the monthly audience was 22.5 million people.