Stock market news

Transneft's Board of Directors proposed a share split
Board of Directors of Transneft proposed to the shareholders' meeting to make a decision on share split with the ratio of 1:100. Date of the general meeting of shareholders on this issue has not been …

Receipts of companies moving to Russia will be automatically converted into shares
Bank of Russia has determined the procedure for the automatic conversion of depositary receipts of quasi-Russian companies in the event that they obtain the status of an international company in a Rus…

Acron pushed back the launch of Talitsky GOK to 2026
Acron Group plans to launch potash production at the Talitsky area of the Verkhnekamskoe deposit in 2026. Total investments will amount to $2.7 billion, of which $1.3 billion has already been invested…

Polymetal reduced its stake in the Veduga project below the controlling stake
Polymetal reduced its stake in the Veduga project from 59.44% to 49.99%. According to the Unified State Register of Legal Entities, 9.46% went to Parus Msk. Its owners are hidden. As explained by the …

Sber Eapteka will sell medicines in installments
Marketplace Sber Eapteka plans to launch a service for online sales of medicines in installments. Launch of the project will make it possible to occupy a free niche in the market, since other sites of…

O'Key reported for 6 months of 2023
O'Key Group's IFRS loss for 6 months of 2023 was ₽2.977 billion, against a profit of ₽0.576 billion in the previous year. Revenue rose 1.7% to ₽99.478 billion against ₽97.8041 billion a year earlier.

Shareholders of IMCB approved dividends for 6 months 2023
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…

Magnit bought out 21.5% of shares from foreign investors
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…

Phosagro postpones strategy development due to lack of technology
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 strateg…

Rostelecom-Solar divided its business into commercial and government segments
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 bra…
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