Yandex's board of directors decided on the price of the additional issue.
The company's board of directors set the additional issue price at 3,463.5 rubles per share.
"To determine the issue price of one additional ordinary share of the company as the value of the weighted average price of one ordinary share, determined based on the results of organized trading at the Moscow Stock Exchange PJSC based on the results of 02.11.2026," explains the document published on the electronic corporate information website.
Earlier, Yandex's board of directors approved the placement of 11 million shares - about 2.8% of the registered capital under the incentive plan. The placement is planned for November this year. The company emphasized that Yandex will make one big additional issue instead of several quarterly ones.