Stock market news

INARCTICA (Russian Aquaculture)

Shareholders of INARCTICA approved dividends for 6 months 2023 in the amount of ₽16 per ordinary share. The last day of purchase of securities to receive dividends is September 21, 2023. Dividend yield may amount to 1.6%.

Seligdar

Seligdar and the Far East and Arctic Development Corporation signed agreements on the construction of a metallurgical plant in Khabarovsk Krai, as well as investment projects for the development of the Pyrkakayskiye Stockworks deposit in Chukotka Autonomous Okrug and the Oktyabrskoye, Perevalnoye and Solnechnoye deposits in Khabarovsk Krai. Total company inv...

Magnit

Retailer Magnit has started producing cheese in one of the Magnit Extra superstores in Tula. At the initial stage, the cheese factory will produce 12 positions of soft varieties: mozzarella, cacciotta, ricotta, buratta, strachatella. Production volume will be up to 1 ton per month. Retailer will buy milk for cheeses from farmers in the Tula region. Launch of...

Astra

Developer of the Astra Linux operating system Astra Group plans to hold an IPO on the Moscow Exchange in the fourth quarter of 2023, during which it wants to sell up to 10% of shares, sources told RBC. Subsequently, the size of the free float may be increased. Company is targeting both institutional and retail investors. A source close to one of the organize...

Oracle

Oracle's GAAP net income for 3 months of fiscal 2024 was $2.42 billion, up 56.3% from $1.548 billion in the prior year. Revenue increased 8.8% to $12.453 billion compared to $11.445 billion a year earlier.

Magnit

Retailer Magnit bought back another 2,300 of its shares at the end of August. Buyer was a subsidiary of Magnit Alliance. Total volume of repurchase as of August 30 reached 16.92 million shares, which is 16.6% of the authorized capital.

Oracle

The Oracle Board of Directors announced a quarterly dividend of $0.4 per share. The last day to buy securities to receive the dividend is October 10, 2023. The annual dividend yield may reach 1.47%.

Globaltrans Investment

Bank of Russia decided to register the prospectus of Globaltrans global depositary receipts. Registration of the prospectus will allow the company to maintain its listing on the Moscow Exchange without being tied to an international listing.

M.Video

M.Video-Eldorado Group plans to reveal the main provisions of its new development strategy in 2024, the group's CFO Anna Garmanova told Interfax in a big interview. Company has largely already updated its business model, focusing on three main areas: assortment, operational efficiency and investment control. However, there are still several areas whose devel...

X5 Group

X5 Retail Group plans to open its first stores in the Jewish Autonomous Region and the Amur Region in 2024. In March of this year, the company started operating the Pyaterochka retail chain in other regions of the Far East - the Primorsky and Khabarovsk Territories. Currently, 45 retail outlets are already operating there. By the end of the year, 120 stores...