X5 shares resumed trading in Moscow on 9 January 2025, reopening the market after the retailer's move from the Netherlands to Russia in 2024. Reuters reported a volatile opening, followed by a price of approximately RUB2,720 per share, close to the level before trading stopped in April. That was an early-session observation, not a closing price.
Reuters linked the interruption to the redomiciliation process that began in April 2024. The January session marked the return to full trading in Moscow after that break.
The timetable announced in October
The start date had been communicated before the end of the previous year. In its announcement of 9 October 2024, PJSC X5 Corporate Center said the Moscow Exchange had decided to begin trading its shares on 9 January 2025. The company did not identify the trading symbol in that announcement: it said this information would follow separately.
A two-character trading symbol
The December announcement supplied the missing identifier. X5 said on 24 December that its shares would trade under the symbol X5. The retailer explained the name through the merger behind the group: X represents the crossroads associated with Perekrestok, while 5 refers to Pyaterochka. Its retail chains also include Chizhik.
- October: the company announced the exchange's decision on the start date.
- The trading symbol was left for a subsequent announcement.
A separate compensation procedure
In a separate release dated 25 December, the company reported a request to extend the suspension of X5 Retail Group N.V.'s corporate rights. It said regulatory approvals for the requested compensation were still outstanding. The proposed payment concerned shares not distributed to direct owners. X5 stated that it was ready to pay after approval and that the extension measures would not affect its operations or development strategy. The release described a request and an intended payment, not completed compensation.
Company contacts
PJSC X5 Corporate Center. Investor Relations Department: iro@x5.ru. Company information and investor enquiries: https://www.x5.ru/.