After a steep fall, the stock is showing slow growth.
Following the decision of Gazprom's board of directors not to pay dividends for 2021, its shares fell by 30%. This is evidenced by the data on the Moscow Exchange website.
The board of directors decided that it was inexpedient to pay part of the profits to shareholders for 2021. After that, Gazprom shares lost 91 points sharply, falling from 302 to 211 rubles. The shares were trading at 207.69 rubles as of 10:56 Moscow time.
By the time the news was published, the shares had shown slow growth. As of 13:19 Moscow time, the price was 224.91 rubles.
After a similar decision of Sberbank's board of directors, its shares also lost 7 points.