Stock market news

Tomsk Switching Company

The Board of Directors of Tomsk Distribution Company recommended paying dividends based on the results of 2023 in the amount of ₽0.0236 per ordinary share and ₽0.0325 per preferred share. The last day of buying securities for receiving dividends is June 26, 2023. The dividend yield on ordinary shares may be 2.2%, and on preferred shares-5.9%.

Yandex

New Yandex shareholders represented by ZPIF " Consortium. First" announced the terms of conversion and exchange of shares of the Dutch Yandex N. V., writes RBC, with reference to the company's press release. Investors who bought securities on the Moscow or St. Petersburg Stock Exchanges will be able to exchange them for shares of the new Russian legal entity...

Ozon Holdings

Ozon will build a logopark in Nizhny Novgorod with an area of almost 150,000 sq. m. Central Properties investment company and MBM development group have agreed on the construction. The online retailer will become a tenant of the site after the facility is put into operation at the end of 2025, Vedomosti writes, referring to a representative of NF Group, whic...

M.Video

Company " MVideo-Eldorado will conduct an additional issue and issue 30 million ordinary shares. Based on the current market value, the group can raise more than RUB 5 billion. The entire volume of the additional issue is ready to be purchased by one of the retailer's shareholders, SFI investment holding, the group said in a statement.

Rusagro

The Board of Directors of Rusagro recommended not to pay any dividends based on the results of 2023. The company last paid a dividend of $0.89 per share for the second quarter of 2021.

Rusagro

Rusagro's net profit under IFRS for 3 months of 2024 was ₽1.7 billion, which is 68.5% lower compared to ₽5.4 billion in the previous year. Revenue increased 44.1% to ₽68.3 billion from ₽47.4 billion a year earlier.

X5 Retail Group

LLC Corporate Center IKS 5 begins its transformation into a public joint stock company, followed by listing on the Moscow Exchange and distribution of shares to holders of X5 Retail Group receipts. Holders of receipts with custody in the Russian depository infrastructure do not need to take any additional actions. In accordance with the decision of the Bank...

Rosbank

Tinkoff shareholders have approved an additional issue of 130 million shares at a price of ₽3423.62 by private subscription to acquire Rosbank. Completion of the transaction is expected to take place in Q3 of this year.

TCS Holdings

Tinkoff shareholders have approved a resolution to issue 130 million shares at a price of ₽3423.62 via private subscription for the purchase of Rosbank. Of these, 60 million shares are a reserve for the exercise of pre-emptive rights by existing shareholders, which will only be allotted if shareholders exercise them. Company plans to close the transaction in...

Rosseti Center and Volga Region

Board of Directors of Rosseti Center and Volga Region recommended that dividends be paid for 2023 in the amount of ₽0.03883 per ordinary share. The last day of the purchase of securities to receive dividends is June 27, 2024. Dividend yield may amount to 10%.