Stock market news

MOEX Group (Moscow Exchange)

Moscow Exchange will develop a technical solution for distribution of orders for purchase of shares by investors during IPO. This was announced by Natalia Loginova, Director of the Department for work with issuers of Moscow Exchange, adding that "sometimes problems in allocation on previous transactions arose due to technical overlaps. We want to help the ma...

MOEX Group (Moscow Exchange)

Moscow Exchange is currently preparing seven or eight IPOs. This was reported to journalists by Natalia Loginova, Director of the Moscow Exchange's Issuer Relations Department. The exact timing of placements depends on market conditions. Earlier, Managing Director of the trading floor Vladimir Krekoten said that in 2024, about 20 companies may conduct primar...

Transneft

"Transneft" reported the completion of the split of shares, as a result of which one share with a par value of 1 ruble was converted into 100 shares of the same category with a par value of 0.01 rubles (1 kopeck) each. Trading in Transneft preferred shares will be resumed on February 21.

Solidcore Resources

Moscow Exchange will transfer Polymetal's shares from the first to the third listing level from February 22, the trading floor said in a press release. The basis for the transfer of securities: "The occurrence of other material events that may affect the trading of securities on the Exchange (disclosure by the issuer of information on the planned sale of the...

X5 Group

X5 Group has agreed to purchase the business of Forward-Market distributor in the Republic of Bashkortostan. As part of the deal, X5 acquires ownership of distribution centers with an area of 28 thousand sq.m. and a fleet of 47 vehicles.

VTB Bank

VTB Bank's IFRS net profit for 2023 amounted to ₽432.2 billion, a record high in the bank's history. Last year, VTB posted a loss of ₽667.5 billion. Net interest income for 2023 increased by 155.5% to ₽761.4 billion against ₽298 billion a year earlier.

VTB Bank

VTB management will propose to the Supervisory Board to submit to the annual meeting of shareholders the issue of increasing the nominal value of shares from 1 kopeck to 50 rubles, in case of a positive decision, the reverse split will be held in July 2024, the first deputy chairman of the bank Dmitry Pyanov told reporters, writes Interfax.

Sistema

The Board of Directors of Sistema JSFC is considering approaches to the corporation's dividend policy, the relevant item was included in the agenda of the meeting held on February 16. Sistema's previous dividend policy was adopted in the spring of 2021 and was designed for 2021-2023. Against the background of macroeconomic uncertainty, the corporation was fo...

Segezha Group

Segezha's RAS loss for 2023 amounted to ₽0.981 billion, against profit of ₽8.57 billion in the previous year. Revenue fell 2.7 times to ₽4.183 billion compared to ₽11.348 billion a year earlier.

Rosneft Oil Company

Rosneft's hydrocarbon production in 2023 amounted to 269.8 million tons of oil equivalent, including liquids production of 193.6 million tons of oil equivalent. Gas production increased by 25% to 92.7 billion cubic meters. Volume of oil refining at refineries in Russia amounted to 88 mln tons. Company sold in the domestic market 42.4 million tons of petroleu...