Stock market news

IMCB

Shareholders of IMCB approved dividends for 6 months 2023 in the amount of ₽42 per ordinary share. The last day of purchase of securities to receive dividends is September 22, 2023. Dividend yield may amount to 3.51%.

Magnit

Retailer Magnit has closed a deal to buy back shares from foreign investors who owned 4.9% of the company through the international depository Euroclear. Previously, the company purchased from foreign investors 16.9 million shares accounted for in the Russian depository and settlement infrastructure, representing 16.6% of the authorized capital. Thus, a tota...

Phosagro

Phosagro has postponed the development of its new 2030 development strategy until early 2024. Main reason is the unavailability of Western technologies for the company's projects. Part of this strategy should be the project of a new ammonia complex. Earlier, the company reported that it plans to decide on an Asian licensor for the project by the end of 2023...

Rostelecom

Rostelecom-Solar introduced two brands under which it will separately provide services to commercial and public sector customers. Government agencies will be provided services under the Rostelecom brand, while commercial customers will be provided services under the Solar brand. There were no organizational changes in the company's structure - all six compan...

Adobe Systems

Adobe's GAAP net income for 9 months of fiscal 2023 was $3.945 billion, up 10.2% from $3.58 billion in the prior year. Revenue increased 9.8% to $14.361 billion, up from $13.081 billion a year earlier.

MOEX Group (Moscow Exchange)

President Vladimir Putin has signed a decree under which Russian owners of foreign securities will be paid compensation for income not received due to the freezing of their assets. Russians will be compensated for unreceived coupons and dividends on foreign investments at the expense of foreign investors' funds in "I" accounts. These accounts hold money that...

Avangard Bank

Shareholders of Avangard Bank approved dividends for 6 months 2023 in the amount of ₽47.08 per ordinary share. The last day of purchase of securities to receive dividends is September 22, 2023. Dividend yield may amount to 4.02%.

Samolet Group of Companies

Developer Samolet has launched a program for renting ready-made apartments, which allows you to move in immediately and pay a monthly rent as a down payment on the mortgage. Monthly payment for the duration of the lease is calculated depending on the down payment determined by the bank and the financial capacity of the buyer. Lease term can be up to 18 month...

Novorossiysk Bakery Products Plant

NKHP terminal shipped 752 thousand tons of grain for export in August 2023, which is an absolute monthly record for the last three years. Previous historical maximum in export shipments was set in October 2020 and amounted to more than 800 thousand tons. Overall, in January-August 2023, the volume of transshipment amounted to 5.3 million tons, which was 2.3...

Colgate-Palmolive

The Colgate-Palmolive Board of Directors announced a quarterly dividend of $0.48 per share. The last day to buy securities to receive the dividend is October 19, 2023. The annual dividend yield may reach 2.55%.