On March 5, 2026, the Supervisory Board of the Moscow Stock Exchange preliminarily recommended to the annual meeting of shareholders to approve the payment of dividends based on the results of 2025 in the amount of 19.57 rubles per share. This is stated in the message of the exchange.
Thus, it is recommended to allocate 44.5 billion rubles for the payment of dividends, which is 75% of the net profit of the Moscow Stock Exchange under IFRS for 2025.
The issue of profit distribution based on the results of 2025 will be submitted for consideration by the shareholders' meeting, the date of which will be approved later.
The current dividend policy of the Moscow Stock Exchange assumes the allocation of free cash flow for the payment of dividends, taking into account the necessary capital investments in maintaining the business and investments in further development, as well as regulatory requirements for the Moscow Stock Exchange and its subsidiaries. The minimum level of dividend payments, according to the dividend policy, is 50% of the group's net profit under IFRS.
The Moscow Exchange Group operates Russia's only multifunctional exchange platform for trading stocks, bonds, derivatives, currencies, money market instruments and commodities. The group includes a central depository and a clearing center that performs the functions of a central counterparty in the markets.
