Softline shares fell by 9% amid old reports of dividends and issues
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Shares of IT solutions provider Softline fell sharply after appearing on portal disclosure of information about the company’s non-payment of dividends for 2022 and the issue of shares. Softline later explained that this was a re-release of old messages.
“Dear investors, please note that today a number of messages are being published on the disclosure page of Softline PJSC. These are not new messages, but only a re-release of old messages, which is necessary for technical reasons,” says the Softline press release in Telegram.
Against this background, the price of Softline shares at Moscow Exchange fell by 9.3%. As of 13:40, the company’s shares are down by 2.61%, to 155.32 rubles. for paper.
Softline is engaged in information security and the creation of services in this area. The company’s net profit according to international financial reporting standards for 2022 increased almost seven times year-on-year, to RUB 6.5 billion. The main trading of its securities on the Moscow Exchange began in September. In October “Softline” determined price for issuing additional shares.
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