Stock market news

Inter RAO

Inter RAO decided to purchase 3.132 billion shares from a minority shareholder, which corresponds to 3% of the share capital. Buyout will be carried out within six months. Further disposal of the acquired stake will be in line with the company's medium-term strategy and involves several options or a combination of them: sale to a strategic investor, use of t...

Volgograd Energosbyt

Volgogradenergosbyt's IFRS net profit for 2023 amounted to ₽1.769 billion, up twofold from ₽0.884 billion in the previous year. Revenue rose 12.8% to ₽29.56 billion against ₽26.197 billion a year earlier.

Solikamsk magnesium plant

National Association of Stock Market Participants sent a letter to the Supreme Court stating that the association considers the seizure of 10.6% of shares of Solikamsk Magnesium Plant from minority shareholders in favor of the state to be unjustified. Association notes that the seizure of shares acquired at organized trades is a violation of legal principles...

Sberbank

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022. Bank plans to make the airport an int...

Sistema

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022.

Sberbank

Supervisory Board of Sberbank recommended to pay dividends for 2023 in the amount of ₽33.3 per ordinary and preferred share, said to journalists head of credit organization German Gref. Last day to buy securities to receive dividends is July 10, 2024. Dividend yield of ordinary shares may reach 10.65%, preferred shares - 10.63%.

M.Video

Assortment of M.Video-Eldorado marketplace increased 1.5 times in Q1 and reached 160 thousand items of equipment and complementary goods. There are 860 suppliers working with the site, which is twice as many as at the beginning of 2023. Average check of partner goods increased 1.5 times, reaching ₽7.5 thousand. Positive dynamics was facilitated by the growth...

Tatneft

Board of Directors of Tatneft recommended to pay dividends of ₽25.17 per ordinary and preferred share for 2023. Last day to buy securities for dividends is July 8, 2024. Dividend yield on common stock could be 3.47% and on preferred stock - 3.46%.

Rosbank

Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of...

TCS Holdings

Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of...