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Moscow Exchange Begins Trading In Segezha Group


Moscow Exchange Begins Trading In Segezha Group
Date
28/04/2021
On 28 April 2021, Moscow Exchange began trading in ordinary shares of Segezha Group. The stock trades under the ticker SGZH.
The shares are included in MOEX’s Level 1 List.
Moscow Exchange Supervisory Board Chairman Oleg Viyugin, Segezha Group President Mikhail Shamolin, Sistema President Vladimir Chirakhov, Sistema Managing Partner and Segezha Group Board Chair Ali Uzdenov and Sistema Deputy Board Chair Anna Belova took part in a ceremony marking Segezha Group’s start of trading.
Segezha Group raised RUB 30 billion through its initial public offering (IPO), with the offer price set at RUB 8 per share. ....

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MOEX Supervisory Board Recommends Record Dividends


MOEX Supervisory Board Recommends Record Dividends
Date
05/03/2021
On 4 March 2021, the Moscow Exchange Supervisory Board recommended that the Annual General Meeting of Shareholders (AGM) approve a dividend for 2020 of RUB 9.45 per share, the highest ever dividend in the company’s history. For 2019, the dividend was RUB 7.93 per share.
The total recommended dividend amounts to RUB 21.5 bln, or 85% of the company s IFRS net profit for 2020.
The AGM will take place on 28 April 2021. The AGM record date is 5 April 2021.
According to the company’s dividend policy adopted in autumn 2019, MOEX seeks to pay the company’s entire free cash flow out in the form of dividends, subject to capital expenditures necessary to support the business and investment in the company’s future growth, as well as regulatory requirements imposed on MOEX’s subsidiaries such as National Settlement Depository (NSD) and National Clearing Center (NCC). The dividend payout fl ....

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