Russia's Yandex Raises $1.06Bln By Issuing Shares

MOSCOW (Pakistan Point News / Sputnik - 29th June, 2020) Russia's Yandex tech company raised $1.06 billion after issuing 8.1 million of new Class A shares

The company priced the new shares at $49.25 each. In total, Yandex issued 21,522,840 shares for public and private placement.