Duyuru • Apr 24
Public Joint Stock Company Acron, Annual General Meeting, May 29, 2025 Public Joint Stock Company Acron, Annual General Meeting, May 29, 2025. Location: lomonosov street, house 22a, veliky novgorod Russia Duyuru • May 23
Public Joint Stock Company Acron (MISX:AKRN) acquired additional 10% stake in Joint Stock Company Verkhnekamsk Potash Company. Public Joint Stock Company Acron (MISX:AKRN) acquired additional 10% stake in Joint Stock Company Verkhnekamsk Potash Company on May 22, 2024. Post completion, Public Joint Stock Company Acron (MISX:AKRN) holds 90% in Joint Stock Company Verkhnekamsk Potash Company.Public Joint Stock Company Acron (MISX:AKRN) completed the acquisition of additional 10% stake in Joint Stock Company Verkhnekamsk Potash Company on May 22, 2024. Duyuru • Apr 09
Public Joint Stock Company Acron, Annual General Meeting, May 08, 2024 Public Joint Stock Company Acron, Annual General Meeting, May 08, 2024. Duyuru • May 28
Acron Announces Cancellation of Securities At the request of Public Joint Stock Company Acron, securities (Global Depositary Receipts (Each Representing 1/10 Ordinary Shares Of RUB 5), Fully Paid, (Regulation S) and Global Depositary Receipts (Each Representing 1/10 Ordinary Shares Of RUB 5), Fully Paid, (Rule 144A)) have been cancelled from admission to trading on London Stock Exchange with effect from May 27, 2022 at 08:00. Duyuru • May 19
Public Joint Stock Company Acron, Annual General Meeting, May 27, 2022 Public Joint Stock Company Acron, Annual General Meeting, May 27, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Senior Independent Director Nikolai Arutyunov was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Senior Independent Director Nikolai Arutyunov was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₽12,854, the stock trades at a trailing P/E ratio of 8.1x. Average forward P/E is 15x in the Chemicals industry in Russia. Total returns to shareholders of 238% over the past three years. Duyuru • Feb 05
Public Joint Stock Company Acron (MISX:AKRN) signed an agreement to acquire Nitrogen Fertilizer Unit III (UFN-III) from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4). Public Joint Stock Company Acron (MISX:AKRN) signed an agreement to acquire Nitrogen Fertilizer Unit III (UFN-III) from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) on February 4, 2022. Petrobras clarifies that the signing of the sales contract still depends on Petrobras governance procedures, after governmental approvals. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₽14,490, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Chemicals industry in Europe. Total returns to shareholders of 285% over the past three years. Duyuru • Feb 04
Acron Board of Directors Issues Recommendation on Dividend Amount Acron Board of Directors meeting issued a recommendation to the extraordinary general meeting to be held as absentee voting on 25 February 2022, to pay (declare) cash dividends of RUB 240 per Acron outstanding ordinary share from retained earnings for previous years. The Company will allocate a total of RUB 8,822 million for dividend payment. The Board of Directors proposed to set a record date for 9 March 2022. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 18% share price gain to ₽14,716, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Chemicals industry in Europe. Total returns to shareholders of 278% over the past three years. Reported Earnings • Dec 01
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ₽568 (up from ₽85.81 loss in 3Q 2020). Revenue: ₽51.2b (up 73% from 3Q 2020). Net income: ₽21.0b (up ₽24.3b from 3Q 2020). Profit margin: 41% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 61%, compared to a 17% growth forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment improved over the past week After last week's 29% share price gain to ₽12,608, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 17x in the Chemicals industry in Russia. Total returns to shareholders of 222% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₽8,170, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 17x in the Chemicals industry in Russia. Total returns to shareholders of 110% over the past three years. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS ₽503 (vs ₽237 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₽47.0b (up 66% from 2Q 2020). Net income: ₽18.8b (up 110% from 2Q 2020). Profit margin: 40% (up from 32% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 18
Public Joint Stock Company Acron (MISX:AKRN) announces an Equity Buyback for 4,053,400 shares, for RUB 24,500 million. Public Joint Stock Company Acron (MISX:AKRN) announces a share repurchase program. Under the program, the company will repurchase up to 4,053,400 shares, for RUB 24,500 million. The shares will be repurchased at a price of RUB 6,050 per share. If the shares are oversubscribed, the company will prorate the number of shares accepted for payment. The program is valid till August 6, 2021. Executive Departure • Jun 02
Independent Director has left the company On the 28th of May, Vladimir Sister's tenure as Independent Director ended after 6.1 years in the role. We don't have any record of a personal shareholding under Vladimir's name. Vladimir is the only executive to leave the company over the last 12 months. Reported Earnings • May 20
First quarter 2021 earnings released: EPS ₽284 (vs ₽271 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₽39.0b (up 39% from 1Q 2020). Net income: ₽10.5b (up ₽20.7b from 1Q 2020). Profit margin: 27% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Duyuru • May 07
Public Joint Stock Company Acron Recommends Dividend for the Year 2020 Public Joint Stock Company Acron at its AGM to be held on 28 May 2021, recommended distribute Acron’s 2020 net profit as follows: RUB 1,216,020,000 shall be allocated to pay dividends on Acron outstanding ordinary shares. RUB 4,469,524,499 shall remain undistributed. Pay (declare) dividends on Acron outstanding ordinary shares for 2020 in cash at the rate of thirty roubles (RUB 30) per share. The Board of Directors also recommended setting a record date for persons entitled to dividends for 8 June 2021. Reported Earnings • Mar 21
Full year 2020 earnings released: EPS ₽87.71 (vs ₽620 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₽119.9b (up 4.4% from FY 2019). Net income: ₽3.31b (down 86% from FY 2019). Profit margin: 2.8% (down from 21% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Duyuru • Mar 18
Public Joint Stock Company Acron to Report Fiscal Year 2020 Results on Mar 19, 2021 Public Joint Stock Company Acron announced that they will report fiscal year 2020 results at 8:00 AM, Coordinated Universal Time on Mar 19, 2021 Is New 90 Day High Low • Dec 17
New 90-day low: ₽5,876 The company is down 1.0% from its price of ₽5,928 on 18 September 2020. The Russian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽3,280 per share. Duyuru • Nov 28
Public Joint Stock Company Acron to Report Nine Months, 2020 Results on Nov 30, 2020 Public Joint Stock Company Acron announced that they will report nine months, 2020 results on Nov 30, 2020 Is New 90 Day High Low • Oct 30
New 90-day high: ₽6,362 The company is up 9.0% from its price of ₽5,816 on 31 July 2020. The Russian market is down 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽3,046 per share. Is New 90 Day High Low • Sep 23
New 90-day high: ₽6,030 The company is up 10.0% from its price of ₽5,490 on 25 June 2020. The Russian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽2,952 per share. Duyuru • Aug 26
Public Joint Stock Company Acron to Report First Half, 2020 Results on Aug 28, 2020 Public Joint Stock Company Acron announced that they will report first half, 2020 results on Aug 28, 2020 Duyuru • Jul 30
an unknown buyer acquired unknown minority stake in CJSC Verkhnekamsk Potash Company from Public Joint Stock Company Acron (MISX:AKRN) and JSC Acronit. An unknown buyer acquired unknown minority stake in CJSC Verkhnekamsk Potash Company from Public Joint Stock Company Acron (MISX:AKRN) and JSC Acronit on June 30, 2020. As a result of the transaction, Acron sold its 9.1% stake and Potash and holds no shares
in Verkhnekamsk Potash, JSC Acronit held 51% stake, after the transaction the holding fell to 50% plus one share in Verkhnekamsk Potash.
an unknown buyer completed the acquisition of unknown minority stake in CJSC Verkhnekamsk Potash Company from Public Joint Stock Company Acron (MISX:AKRN) and JSC Acronit on June 30, 2020. 
