Stock market news

Element

Element Group will launch serial production of radio modules and electronic component base for 4G and 5G base stations in 2025. In addition, the company has already agreed with one of the domestic cellular operators to launch contract manufacturing of ECBs.

Etalon Group

Etalon Group commissioned a new phase of the iLona housing estate in the Kalininsky district of St. Petersburg. Commissioning of the new phase will allow to open escrow accounts, which will have a positive impact on the company's cash flows.

EvroTrans

EuroTrans has opened the second and final exchange offer window for IPO participants to purchase shares in the company at ₽250. Number of securities an investor can purchase is defined as 1/6 of the lower of the following: the number of shares owned as of May 15, 2024 and the number of securities purchased at the IPO multiplied by 1.5. Acceptances of the off...

MOEX Group (Moscow Exchange)

Moscow Exchange added 11 more shares to OTC trades. As a result, the total number of securities available for making deals reached 69 shares. Trading floor plans to continue expanding the list of available instruments.

Pre-IPO

Cloud platform for full automation and digitalization of business processes, Freedom.bi, has raised a ₽11 million round ahead of schedule for 5% of the company. All of Freedom.bi is now valued at ₽220 million.

Levenhuk

Levenguc's shareholders approved a dividend of ₽0.3 per common share from prior years' earnings. The last day of purchase of securities to receive dividends is June 27, 2024. Dividend yield may amount to 1.91%.

Tomsk Switching Company

Shareholders of Tomsk Distribution Company approved dividends of ₽0.0236 per common share and ₽0.0325 per preferred share for 2023. Last day to purchase securities for dividends is June 26, 2023. Dividend yield on common shares could be 2.2% and on preferred shares could be 5.9%.

Rosseti Kuban

Shareholders of Rosseti Kuban approved dividends for 2023 in the amount of ₽4.874327 per ordinary share. The last day of purchase of securities to receive dividends is June 27, 2024. Dividend yield may amount to 1.51%.

MOSTOTREST

Mostotrest won a tender for the construction of a railroad bypass of the Inkerman Svyato-Kliment Monastery. It will involve the construction of almost 2 km of railroad along the bed of the Chernaya River, of which about 900 m will be a metal trestle on reinforced concrete supports. Cost of the bypass is ₽15.9 billion. Object should be built in 21.5 months.

Sistema

Sitronics, a company owned by AFK Sistema, has proposed to the Ministry of Transport to create a unified digital system for managing water transportation in Russia. Such a system would increase the transparency of logistics, management and planning of sea, river and multimodal transportation and improve the speed, efficiency and accessibility of transportati...