action · aeroflot · sale (акция · аэрофлот · продажа)

Previously, on June 9, the Ministry of Finance approved a secondary public offering (SPO) of Aeroflot shares for listing on the exchange in autumn 2026. He emphasized that even after selling part of the stake, Russia will retain a controlling voting package, as the state currently owns 73.8% of the company's shares.

Consensus

The Russian government will sell 23.76% of Aeroflot's shares
The sale will not involve additional share issuance
The sale will be a direct sale of existing shares
The sale will be structured as a market transaction
Rosimущество has selected Sber CIB as the organizer of the sale
The Russian government will retain a controlling stake of 73.8% after the sale

Points of divergence

The sale will be conducted through a combination of investment funds, physical individuals, and possibly banking institutions — kommersant
Minfin announced a secondary public offering (SPO) of Aeroflot shares on the exchange in the fall of 2026 — vedomosti

Coverage (2 sources)

Aeroflot does not expect negative consequences from a reduction in the state's share — Коммерсантъ
Aeroflot's state share package will be sold without additional issuance — Ведомости