Sberbank shares reached their maximum after Mishustin’s words about bank profits
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Sberbank shares (MOEX: SBER) accelerated growth and updated the maximum of January 2022 after the statement of Russian Prime Minister Mikhail Mishustin on the redistribution of bank profits in the form of dividends. Ordinary shares of Sber on the Moscow Exchange on Wednesday increased by 2.25%, to 307.13 rubles. per piece Preferred shares showed an increase of 2.22%, to 307.26 rubles. per piece
As of 18:22, ordinary shares of Sberbank cost 306.48 rubles. per piece, preferred – 306.62 rubles. The growth of quotations intensified after the Prime Minister’s proposal to make dividends one of the tools for redistributing bank profits.
Earlier today, April 3, Mikhail Mishustin, commenting on the proposal of deputies to introduce additional taxation of the banking sector, proposed using dividends as a tool for redistributing profits. “And here we could carefully think about how to do this more fairly. It’s not entirely clear if we change something dramatically,” the head of government emphasized.
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