Stock market news

VTB Bank

VTB may become one of the state-owned companies whose shares will be sold by the government, sources told Frank Media. Both the sale of the stake to a strategist and the placement of state-owned shares on the stock exchange are being discussed. Sources of the publication do not say what exactly VTB shares are planned to be sold, but one of them says that the...

MOEX Group (Moscow Exchange)

Moscow Exchange plans to create an expert council, which will consist of representatives of brokers, investment banks, professional specialists and will consider applications from potential candidates for pre-IPO on the OTC platform Moex Start, said managing director for the stock market of the exchange Boris Blokhin. Council will be formed and will start it...

Cian

Cian is preparing a dividend policy and is also working on the possibility of paying a special dividend, the company's director of finance and strategy Mikhail Lukyanov said. Company's accounts now have accumulated more than ₽8 billion . Part of this money is planned to be used for dividends. Amount of dividends will be announced later.

RUSAL

Completion of the construction of a single industrial complex in Taishet District, consisting of an aluminum smelter and an anode plant, is scheduled for the 1st quarter of 2025, said Igor Kobzev, Governor of the Irkutsk Region. Launch of the Taishet anode plant will provide annealed anodes for the company's enterprises, primarily the Taishet aluminum smelte...

Yakovlev

Yakovlev's RAS net profit for 9 months of 2024 amounted to ₽8.35 billion, down 13.7% from ₽9.67 billion in the previous year.

Gazprom Neft

Gazprom Neft registered the Rozetka brand with the Federal Intellectual Property Service. New trademark will be used to design the electric charging infrastructure at filling stations. Gazprom Neft's electric charging network now includes more than 60 stations. In 2025, the number of the company's charging stations will be increased to 140 facilities.

Polyus

Board of Directors of Polyus recommended that dividends be paid for 9 months 2024 in the amount of ₽1301.75 per ordinary share. The last day of the purchase of securities to receive dividends is December 12, 2024. Dividend yield may amount to 8.97%.

Moscow confectionery factory Krasny Oktyabr

Krasny Oktyabr Confectionery's RAS loss for 9 months of 2024 amounted to ₽775.95 million against a profit of ₽498.62 million in the previous year. Revenue increased 8% to ₽13.66 billion against ₽12.65 billion a year earlier.

Lambumiz

Lambumiz has set the IPO price range at ₽425-460 per share, corresponding to a pre-money valuation of ₽8.018-8.678 billion. Planned offering size will be ₽0.8-1 billion. Post-IPO free-float could be around 10-12%. Collection of applications begins today and will last until October 29. Trading in the shares will begin on October 30 under the ticker LMBZ.

Pharmacy Chain 36.6

Pharmacy Chain 36.6 acquired 37.3 million of its shares through a controlled organization, APTEKA-A.v.e. LLC. As a result of the transaction, the total number of shares owned by the company and controlled organizations reached 75.2 million.