The Board of Directors of ICPAO Yandex recommended paying dividends for 2024 at the rate of 80 rubles. per share. This is stated in the company's message.
RAS net profit in 2024 amounted to 874.6 billion rubles.
In addition, the Board of Directors decided to increase the authorized capital through an additional issue in favor of ESOP SPV LLC. The number of securities is 6 million.
On September 20, 2024, Yandex paid dividends for the first half of 2024 in the amount of 29.2 billion rubles. 80 rubles were paid for one share.
ICPAO Yandex is a Russian IT company. Its ecosystem includes more than 90 B2C and B2B services in such areas as information search (Search, Browser, Maps), advertising and business services (Yandex. Direct, Yandex.Metrica, Yandex Cloud, Mail, Disk), taxi ordering, carsharing and scooter rental, food delivery (Shop, Food), e-commerce (Market), education (Workshop, Academy, Textbook).
Yandex's adjusted net profit for 2024 under IFRS increased by 94% to RUB 100.9 billion from RUB 52.1 billion a year earlier. Net profit fell by 79% to 11.5 billion rubles from 55.6 billion rubles. Revenue increased by 37% to RUB 1.09 trillion from RUB 798.1 billion, adjusted EBITDA increased by 56% to RUB 188.6 billion from RUB 120.8 billion.
