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Avtovaz PAO (AVAZ.MM)

AVAZ.MM on Moscow Interbank Currency Exchange

8.89RUB
17 Aug 2017
Change (% chg)

руб-0.06 (-0.67%)
Prev Close
руб8.95
Open
руб8.96
Day's High
руб8.96
Day's Low
руб8.86
Volume
12,000
Avg. Vol
120,439
52-wk High
руб13.18
52-wk Low
руб6.67

Latest Key Developments (Source: Significant Developments)

Avtovaz July sales of new cars and LCV in Russia ‍​up 22% YR/YR - AEB
Tuesday, 8 Aug 2017 06:09am EDT 

Aug 8 (Reuters) - AEB::AVTOVAZ <<>> JULY SALES OF NEW CARS AND LCV IN RUSSIA ‍​ 26,502 VEHICLES VERSUS 21,754 VEHICLES YEAR AGO.  Full Article

Avtovaz narrows H1 net loss six times to RUB 4.41 billion - RIA
Thursday, 27 Jul 2017 10:06am EDT 

July 27 (Reuters) - AVTOVAZ :NARROWS H1 NET LOSS SIX TIMES TO RUB 4.41 BILLION - RIA .H1 REVENUE RUB 102 BILLION, UP 17.6%.  Full Article

Avtovaz to cut 6,000 jobs in 2017, 2,200 in 2018 - Interfax
Monday, 17 Jul 2017 04:27am EDT 

July 17 (Reuters) - :AVTOVAZ <<>> TO CUT 6,000 IN 2017, 2,200 IN 2018 - INTERFAX CITES VOLGA FEDERAL DISTRICT ENVOY .  Full Article

Avtovaz June Lada sales 27,396 cars, up 23.2% YR/YR
Thursday, 6 Jul 2017 05:09am EDT 

July 6 (Reuters) - AVTOVAZ :SAYS JUNE LADA SALES 27,396 CARS, UP 23.2% VS YEAR AGO.  Full Article

Avtovaz says additional share issue of 9.25 bln shares resumed
Tuesday, 4 Jul 2017 02:14am EDT 

July 4(Reuters) - AVTOVAZ :SAYS ANNOUNCES RESUMPTION OF PLACEMENT OF 9.25 BILLION SHARES IN CLOSED SUBSCRIPTION WITH ALLIANCE ROSTEC AUTO​ BV AS A POTENTIAL BUYER​.THE PLACEMENT WAS SUSPENDED AS OF JUNE 9, 2017.SAYS THE PLACEMENT WAS SUSPENDED AS THE BOARD OF DIRECTORS APPROVED CHANGES TO THE TERMS OF THE PLACEMENT .THE SHARES ARE OFFERED AT 10.3 ROUBLES APIECE.  Full Article

Avtovaz plans to increase sales in Russia by about 10% in 2017 - Interfax
Friday, 30 Jun 2017 02:30am EDT 

June 30 (Reuters) - AVTOVAZ :PLANS TO INCREASE LADA SALES IN RUSSIA BY ABOUT 10% IN 2017 TO OVER 290,000 CARS - INTERFAX CITES MAURE‍​.  Full Article

Avtovaz May sales of new cars and LCV in Russia up at 25,051 vehicles - AEB
Thursday, 8 Jun 2017 08:37am EDT 

June 8 (Reuters) - :AVTOVAZ <<>> MAY SALES OF NEW CARS AND LCV IN RUSSIA 25,051 VEHICLES VERSUS 20,597 VEHICLES YEAR AGO - AEB.  Full Article

Avtovaz hasn't decided on delisting after secondary share offering - TASS
Thursday, 1 Jun 2017 06:40am EDT 

June 1 (Reuters) - :AVTOVAZ <<>> SHAREHOLDERS HAD NOT TAKEN ANY DECISION ON DELISTING THE COMPANY FROM MOSCOW EXCHANGE AFTER SECONDARY SHARE OFFERING, TASS CITES COMPANY PRESIDENT NICOLAS MAURE AS SAYING TO RBC CHANNEL ."IN ORDER TO PROTECT MINORITY SHAREHOLDERS THERE WAS NO INFORMATION AND NO DECISION REGARDING THE COMPANY'S DELISTING", MAURE SAID.IN THE COMING YEARS DISTRIBUTION OF THE COMPANY'S SHARES MAY CHANGE, BUT "IT CAN BE SAID FOR SURE THAT RENAULT <<>> AND ROSTEC WILL REMAIN MAIN SHAREHOLDERS", MAURE SAID.IN MARCH REUTERS SOURCES SAID THE CAR MAKER WAS PLANNING DELISTING AFTER CAPITAL HIKE AND THE PURCHASE OF 24 PERCENT STAKE BY RENAISSANCE CAPITAL LATE LAST YEAR WAS PART OF THE DELISTING PLAN nL5N1H42IB.  Full Article

Avtovaz sales in Russia in May up 22.6% to 24,400 cars - Interfax
Thursday, 1 Jun 2017 05:33am EDT 

June 1 (Reuters) - AVTOVAZ :SALES IN RUSSIA IN MAY UP 22.6% TO 24,400 CARS - INTERFAX CITES COMPANY REPRESENTATIVE.  Full Article

Russia's Standards Agency says informed about recall of 4,466 Lada cars
Monday, 15 May 2017 06:12am EDT 

May 15 (Reuters) - Russian standards agency Rosstandart said::Informed about voluntary recall of 4,466 Lada cars (Kalina and Granta Sport) sold since Sept. 3, 2015.Recall due to grinding of the fuel/steam tube with a clutch cable (in cars with a mechanical transmission).  Full Article

Renault hits record sales and profit on Lada, Nissan contribution

PARIS, July 28 French carmaker Renault said first-half sales and profit rose to a new record, buoyed by the consolidation of Lada maker AvtoVAZ and a bigger contribution from affiliate Nissan.