Gazprom’s capitalization, USD billion

Gazprom is the largest joint-stock company in Russia. Total number of the Company’s shareholders is over 500,000. Russian Government holds over 50 per cent of the Company’s shares.


History of stock capital

On May 20, 1993 RAO Gazprom issued 236,735,129 shares at a par value of RUB 1,000 per share. The share issue was registered by the Russian Federation Ministry of Finance (registration number MF73-1p-0204).

On October 21, 1994 the Russian Federal Property Fund carried out, according to the Russian President Order No.1705 of December 31, 1992 and based on the outcomes of the specialized cheque auction for selling RAO Gazprom’s shares held in 61 regions of the Russian Federation between April 25, 1994 and June 30, 1994, the split-up of the Company’s shares. The shares were split in the following way: 1 (one) share with a par value of RUB 1,000 (one thousand) was split into 100 (one hundred) shares with a par value of RUB 10 (ten).

On August 19, 1998 the Russian Federal Securities Commission (FSC), introduced and registered, according to the Russian Federation Government Decree No.217 of February 18, 1998 “On the Specifics of Securities Circulation Due to a Change in the Face Value of Russian Currency and the Scale of Prices”, the FSC Decree No.6 of April 20, 1998 “On the Order of Amendments into the Resolution on Securities

Issue, Emission Prospectuses, Privatization Plans and Foundation Documents That May Arise from the Changes in the Face Value of Russian Currency and the Scale of Prices”, and according to the FSC resolution of August 17, 1998, the amendments into the emission prospectus for ordinary nominal uncertified shares (state registration No. assigned to the issue is MF73-1p-0204 of May 20, 1993). As a result, the face value of ordinary nominal shares accounted for RUB 0.01.

Thereafter, 23,673,512,900 Gazprom’s ordinary nominal uncertified stocks of the first issue (state registration No.MF73-1p-0204 of May 20, 1993) at a nominal value of RUB 0.01 per share were cancelled because of their conversion (conducted on December 30, 1998) into ordinary nominal uncertified shares of the second issue at a nominal value of RUB 5.0 per share.

Depositary receipts

ADR stands for an American Depositary Receipt issued against Gazprom’s ordinary shares providing free floating of the Company’s shares in international stock markets. The Company’s ADRs are deposited with The Bank of New York Mellon. ADR affirms the ownership of Gazprom’s shares deposited with The Bank of New York Mellon. One ADR represents two shares of Gazprom. It is possible to convert Gazprom’s ordinary shares into ADRs and vice versa.

Number of ADRs. number of Gazprom’s shares


Category: Forex

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