Vladimir Zhukov, the company's Vice President for Investor Relations and Sustainable Development, spoke about the capitalization of assets, Russian investors and the splitting of shares of Norilsk Nickel during the annual call.
According to Zhukov, today the capitalization of the entire Russian stock market is more than 60 trillion rubles, or almost 40% of GDP. At the same time, the capitalization of Norilsk Nickel is more than $25 billion, or about two trillion rubles.
"This means that our capitalization is about four percent of the capitalization of the entire Russian stock market," Zhukov said.
He also noted that today the company's main investors are private Russian entities. Since 2021, their number has doubled to almost 410,000, which is about 11%.
"Our shares are included in the list of the most popular among private investors, the so-called people's portfolio," Zhukov said.
According to him, Norilsk Nickel is completing the stock splitting procedure:
"Now the shares will cost not tens of thousands, but hundreds of rubles, which will make them more attractive for investment."
Alex Shishlo for Rough&Polished
