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AFK Sistema PAO (SSAq.L)

SSAq.L on London Stock Exchange

9.00USD
24 Feb 2017
Change (% chg)

$-0.35 (-3.74%)
Prev Close
$9.35
Open
$9.27
Day's High
$9.31
Day's Low
$8.99
Volume
243,095
Avg. Vol
347,943
52-wk High
$10.15
52-wk Low
$5.56

Latest Key Developments (Source: Significant Developments)

Russia's Detsky Mir says IPO raises 21.1 bln roubles
Wednesday, 8 Feb 2017 02:02am EST 

Detsky Mir says: Price of its shares in the initial public offering has been set at 85 roubles ($1.43) per share. . Total size of the offering is approximately 21.1 billion roubles ($354.78 million). . IPO implies a market capitalisation at the commencement of dealings of approximately 62.8 billion roubles ($1.06 billion). .Trading is expected to commence on February 10 under the ticker DSKY at the Moscow Exchange..  Full Article

Russia's MTS says to buy own shares at 270-290 roubles/shr
Wednesday, 1 Feb 2017 07:00am EST 

Mobil'nye Telesistemy Pao : Russia's MTS says to buy own shares at 270-290 roubles each - company filing Further company coverage: [MTSS.MM] (Reporting by Christian Lowe) ((christian.lowe@thomsonreuters.com;)).  Full Article

Russia's MTS to buy 1.5 mln own shares from market for $5.4 mln
Thursday, 1 Dec 2016 09:55am EST 

Mobile TeleSystems (MTS) says: A total of 1,510,414 shares of common Stock (including shares of common stock represented by ADSs) were properly tendered in its share buyback offer, based on the preliminary count. . The tender offer was not fully subscribed due to a rise in its share price on the market. . The offeror expects to accept for purchase a total of 1,510,414 shares of common Stock at a price per share of 229.0 roubles, for a total cost of 345,884,806 roubles ($5.41 million). . These shares represented approximately 0.08 percent of the company's issued share capital as of Sept. 30, 2016. . MTS does not drop plans to spend up to 30 billion roubles on repurchasing own shares over a three-year period. Further company coverage: [MBT.N] ($1 = 63.8900 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

BRIEF-Russia's MTS announces share buyback from market, parent
Monday, 31 Oct 2016 05:11am EDT 

Corrects 2nd bullet to clarify MTS plans to buy back up to 24.8 million shares from minority shareholders and around the same amount from Sistema.Mobile TeleSystems (MTS) says: Plans to buy back up to 4.93 billion roubles ($78.08 million) worth of own shares from the market; . Plans to buy back up to 24.8 million shares (around 1.24 percent) from minority shareholders for 4.93 billion roubles and buy back its shares from parent company Sistema on a pro-rata basis; . Says ordinary shares can be tendered within a price range of 199 roubles to 229 roubles. .The buyback programme to end before the end of 2016..  Full Article

Russia's Sistema sells 1.27% of MTS in form of ADS for $100.4 mln
Friday, 23 Sep 2016 07:40am EDT 

Sistema : Sells 1.27 percent of MTS in the form of American Depositary Shares (ADS) . Says the stake was sold to a non-affiliated buyer for $100.4 million .Following this transaction, Sistema Group owns 50.44 percent of MTS's total share capital.  Full Article

Russia's Sistema sells its 50 pct stake in SG-trans
Wednesday, 31 Aug 2016 08:40am EDT 

AFK Sistema PAO says: Has completed a transaction to sell a 50 percent equity stake in SG-trans to a group of unaffiliated buyers for 6 billion roubles ($92 million). .The company will maintain ownership of a number of assets previously spun out of SG-trans, including SG-trading and real estate assets..  Full Article

Russia's Sistema says Q2 net profit at 149 mln roubles
Tuesday, 30 Aug 2016 03:20am EDT 

AFK Sistema PAO says: Q2 net profit at 149 million roubles (Q2 2015: 15.2 billion roubles); . Q2 OIBDA at 46.2 billion roubles (Q2 2015: 43.3 billion roubles); . Q2 revenue at 177.1 billion roubles (Q2 2015: 164 billion roubles); .Cash position at 38.8 billion roubles, excluding 8.5 billion roubles represented by deposits, as of June 30, 2016..  Full Article

Russia's MTS retires 68 mln treasury shares
Friday, 19 Aug 2016 10:36am EDT 

Mobile TeleSystems (MTS) : Announces the reduction of its authorized capital to 199.8 million roubles, which consists of 1,998,381,575 ordinary registered shares, from 206.6 million roubles, or 2,066,413,562 shares. . Says the cancellation of 68,031,987 treasury shares will take place before the end of August, 2016. .MTS held 67,995,335 of treasury shares subject to cancellation after the liquidation of its 100-percent subsidiary Mobile TeleSystems Bermuda Limited. The remaining 36,652 of treasuries belonged to MTS as a result of previous reorganization procedures..  Full Article

Russia's MTS says Q2 net profit almost halves, cuts fcast
Thursday, 18 Aug 2016 08:07am EDT 

Mobile TeleSystems (MTS) says: Q2 net profit fell 47 percent year on year to 9.1 billion roubles ($142.3 million); . Q2 adjusted OIBDA down 4.3 percent year on year to 40.9 billion roubles; . Q2 OIBDA margin at 37.8 percent versus 41.6 percent in Q2 2015; . Q2 revenue up 5.3 percent year on year to 108.1 billion roubles; . Cuts FY 2016 revenue growth forecast to 2-3 pct from more than 4 pct; . Lowers FY 2016 adjusted OIBDA outlook, sees it falling 4 pct (previous forecast: -2 pct to +1 pct). Further company coverage: [MBT.N] ($1 = 63.9650 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's MTS recommends H1 dividend of 11.99 roubles per share
Monday, 1 Aug 2016 05:41am EDT 

Mobile TeleSystems (MTS) says: The board of directors has recommended an interim dividend of 11.99 roubles ($0.1808) per share (23.98 roubles per ADR) on H1 2016 results. . Based on the recommendations, the total interim dividend payout may amount to 23.96 billion roubles. . Shareholders of record on the company's books as of Oct. 14, 2016, are entitled to the dividend. Further company coverage: [MBT.N] ($1 = 66.3000 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

More From Around the Web

Russia's MTS says to buy back shares worth 4.65 bln roubles from Sistema

MOSCOW, Feb 15 Russia's biggest mobile phone operator MTS said on Wednesday it would repurchase 16 million of its shares from its parent company Sistema for 4.65 billion roubles ($81 million).