Aeroflot Becomes Blue Chip on MICEX
OREANDA-NEWS. August 10, 2007. The MICEX Stock Exchange has transferred Aeroflot common shares to its quotation list A1.
"Aeroflot shares had been trading on the second-tier list of stocks. Aeroflot has now become the eleventh Russian public company to have its shares included on the first-level quotation list A1".
The quotation list A1 currently includes common shares of Irkutskenergo, Lukoil , Mosenergo North-West Telecom, as well as both common and preferred shares of Sberbank, Unified Energy System (UES), Rostelecom, Sibirtelecom, Tatneft and Uralsvyazinform.
The main shareholders in Aeroflot are the Russian government, with 51.17%, and the National Reserve Corporation, which controls approximately 30%.
Aeroflot has charter capital of 1.1 billion rubles, divided into 1.112 billion common shares with par value of one ruble.
Analysts estimate that 5% of Aeroflot shares are in free float.
Aeroflot increased its number of passengers 8.7% to 7.29 million in 2006. Net profit to International Financial Reporting Standards (IFRS) grew 36% to $258.1 million in 2006.
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