At the end of May, VTB's Supervisory Council recommended that the… (втб · акция · упасть)
At the end of May, VTB's Supervisory Council recommended that the shareholders' meeting approve dividends amounting to only 25% of net profit according to IFRS for 2025, as well as ratify an additional issuance of up to 6.2 billion shares, which corresponds to approximately 49% of VTB's total ordinary shares.
Consensus
- On July 16, VTB shares fell by 6% on the Moscow Exchange.
- The share price reached a historical minimum of 57.8 rubles.
- The decline was attributed to general weakness in the Russian stock market and corporate issues at VTB.
- The board of directors recommended allocating only 25% of the 2025 net profit under IFRS for dividends.
- An additional share issuance of up to 6.2 billion shares was proposed.
Points of divergence
- The board recommended directing only 25% of the 2025 net profit under IFRS for dividends, and approved a supplementary issuance of up to 6.2 billion shares. — vesti
- The additional share issuance corresponds to approximately 49% of the total number of ordinary shares at VTB. — kommersant
Coverage (2 sources)
- VTB shares fall to historical low — Вести
- VTB shares fall to historical minimum — Коммерсантъ