Stock market news
United Credit Systems is leaving the stock exchange
Moscow Exchange decided to exclude shares of United Credit Systems from the list of securities admitted to trading from October 18, 2023. The basis was the company's application.
Novatek intends to build new plants based on its own liquefaction technologies
Novatek intends to use its own gas liquefaction technology Arctic Cascade Modified at Obsky LNG and Arctic Mix at Murmansk LNG. Improved Arctic Cascade allows the construction of liquefaction units wi…
Vimpelcom's top management will pay for the purchase of the company with Veon bonds
Veon and Vimpelcom's top management have amended the terms of the deal to sell Vimpelcom to the company's top management. Deal will be paid for by transferring Veon bonds bought by Vimpelcom from Russ…
The Philip Morris International announced a quarterly dividend
The Philip Morris International Board of Directors announced a quarterly dividend of $1.3 per share. The last day to buy securities to receive the dividend is September 25, 2023. The annual dividend y…
Shareholders of UWC approved additional share issue
An extraordinary meeting of shareholders of United Wagon Company approved an increase in the authorized capital by means of an additional share issue. UWC plans to place 12.5 bln additional shares by …
Government offered VTB to participate in closing the financial hole in the USС
VTB, which will become the managing shareholder of the United Shipbuilding Corporation, will have to act as its co-investor, according to Viktor Yevtukhov, deputy head of the Ministry of Industry and …
Russian Grids may return to paying dividends earlier than 2028
Russian Grids may reconsider the decision not to pay dividends until 2026 depending on the company's results and its plans for the investment program, head of Russian Grids Andrei Ryumin. Earlier, Rus…
Sollers wants to produce auto components jointly with car plants
Sollers Auto Concern is considering the possibility of setting up a joint venture with Russian automakers to produce auto components, said Zoya Kaika, deputy general director of the company. According…
Nasdaq has given Qiwi a reprieve to separate the business
Qiwi has received a delay from the Nasdaq exchange to complete its business restructuring. Company requested the delay because it needs to obtain regulatory approvals for the sale of its Russian asset…
Transneft's Board of Directors to consider share split on September 15
Meeting of the Board of Directors of Transneft on the issue of stock split will be held on September 15. Earlier committee of the Board of Directors of the company supported the proposal of the admini…
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