Yandex plans dividends at the rate of 80 rubles. per share

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AK&M 09 September 2024 08:38

The Yandex Board of Directors recommended that shareholders pay dividends on ordinary shares in the amount of 80 rubles per paper. This is stated in the company's message.

The Board of Directors proposed to set September 20, 2024 as the date for compiling the list of persons entitled to receive dividends.

The extraordinary meeting of shareholders, which will consider this issue, will be held in the form of absentee voting on September 9.

MKPAO Yandex is the parent company of Yandex, its main owner is the ZPIF Consortium.The first one." The ticker of the Yandex MCPAO on the Moscow Stock Exchange is YDEX.

The net loss of the Yandex group for the first half of 2024 amounted to 11.68 billion rubles against a profit of 34.67 billion rubles a year earlier. Adjusted net profit amounted to RUB 44.27 billion against RUB 23.55 billion (+88%). Revenue increased by 38% to RUB 477.63 billion from RUB 344.96 billion, adjusted EBITDA increased by 75% to RUB 85.2 billion from RUB 48.69 billion.