The 'SPB Exchange' may return to discussing the issue of dividend…
The 'SPB Exchange' may return to discussing the issue of dividend payments within two to three years, said the exchange's CEO, Yevgeny Serdyukov.
Consensus
- SPB Exchange may reconsider dividend payments within the next two to three years.
- The CEO of SPB Exchange, Evgeny Serdyukov, stated that maintaining sufficient capital levels remains a priority.
- The company reported a net loss of 577.9 million rubles in the first half of 2026.
- Revenue from services and commission income increased by 62.4% in the first half of 2026 compared to the same period in 2025.
- Total expenses increased by 223.5% in the first half of 2025 compared to the same period in 2015.
- The board of directors recommended to shareholders to refrain from dividends for 2025.
- Shareholders approved the decision to withhold dividends for 2025 at the annual meeting.
Points of divergence
- In November 2021, SPB Exchange conducted an IPO, issuing 13.3% of its equity capital, and stated in the prospectus that it did not plan to pay dividends in the foreseeable future. — interfax
- In January, the Central Bank of Russia exempted SPB Exchange's depository, Sberbank, from the obligation to disclose corporate information. — vedomosti
- In June 2025, Serdyukov said the issue of changing the dividend policy remained on the agenda, but business growth was currently the priority. — interfax
Coverage (2 sources)
- SPB Exchange may return to discussion of dividend issues within 2-3 years — Интерфакс
- SPB Exchange postponed the issue of dividends for 2-3 years — Ведомости