Aeroflot shares down 6% during Moscow Exchange trading

TASS Russian News Agency | Oct 8, 2020 at 5:14 PM

MOSCOW, October 8. / TASS /. Shares of Aeroflot during trading on the Moscow Exchange fell 6.04% to the close of the previous session and at the moment reached 61.88 rubles per share, according to the data of the trading floor at 17:53 Moscow time on Thursday.

By 18:00 Moscow time, the company's shares lost 5.98% and were at the level of 61.92 rubles for the paper.

Aeroflot's quotes are declining amid news that the company, which plans to attract at least 80 bln rubles due to the additional issue, will place securities on the stock exchange from 9 to 23 October.

The controlling stake in Aeroflot (51.2%) belongs to the state represented by the Federal Property Management Agency, Rostec State Corporation owns 3.5% of the shares, and institutional investors - 39.6%.