Stock market news

Alrosa

European Union approved the 12th package of sanctions, which contains a ban on imports of diamonds mined, processed or produced in Russia from January 1, 2024. This ban applies to diamonds from Russia, diamonds exported from Russia, diamonds transported in transit through Russia and Russian diamonds processed in third countries. G7 countries also plan to sta...

Gazprom Neft

Shareholders of Gazprom Neft approved dividends for 9 months 2023 in the amount of ₽82.94 per ordinary share. The last day of purchase of securities to receive dividends is December 26, 2023. Dividend yield may amount to 9.51%.

Kazanorgsintez

Kazanorgsintez sold a polyethylene pipe production plant to Remgazkommunikatsiya trade and production company. Capacity of the plant is 29.6 thousand tons of pipes per year. Amount of the transaction is not named.

Sovcomflot

About half of Sovcomflot's fleet in the segment of conventional tanker transportation of oil and oil products in 2023 switched to long-term contracts, said the company's CFO Alexander Verbo. Average term of contracts is 8 years. Top manager also noted a high level of contracting in the industrial segment of the company's business, which allows the company to...

IMCB

Shareholders of MICEX agreed with the proposal of the Board of directors to conduct share split with the ratio of 1 to 10. Split will take place on the 8th working day from the date of registration by the Bank of Russia of changes in the decision on issue of common shares.

MD Medical Group Investments

MD Medical's Board of Directors approved the dividend policy, which assumes that up to 100% of IFRS net income, including retained earnings, will be allocated for dividends. If net debt to EBITDA remains below 3x, the company will pay dividends one or more times a year. When deciding on dividend payments, the Board of Directors will take into account cash fl...

IMCB

Shareholders of IMCB approved dividends for 9 months 2023 in the amount of ₽20 per ordinary share. The last day of purchase of securities to receive dividends is December 19, 2023. Dividend yield may amount to 2%.

Magnit

Hard discounter chain B1 developed its first private label brands: Milkville for dairy products, Pushinka for paper hygiene products and Salix for household chemicals. By the end of the year about 50 items will be presented under these brands, and by the end of 2026 it is planned to increase the share of STM in the assortment structure up to 50%. While the q...

Alrosa

Representatives of the Indian diamond sector are resuming imports of rough diamonds, including from Russia, the Indian Gem and Jewelry Export Promotion Council said. Import ban was imposed for two months, from October 15 to December 15, amid concerns about a decline in demand in international markets. Now the demand for natural diamonds is gradually recoveri...

Sollers

Sollers has launched sales of the Sollers ST6 pickup truck with a gasoline engine in Russia. In November, the company started sales of a pickup truck with a diesel engine. By the end of this year it is planned to produce and sell about 2 thousand pickup trucks, and within two to three years Sollers expects to reach the production volume of 10 thousand pickup...