Yandex launches $540M share buyback after record 2025 profits
Yandex has announced a major share repurchase programme worth up to 50 billion rubles (around $540 million). The decision follows strong financial results for 2025, with profits and revenue both rising sharply.
Shareholders also approved a higher dividend, lifting the payout by 37.5% compared to the previous year. The company’s board gave the green light to the buyback plan, which will run for two years. The maximum budget of 50 billion rubles will be used to repurchase shares on the Moscow Exchange through Yandex’s subsidiary, Yantex LLC. Part of the programme’s goal is to support the firm’s long-term employee incentive scheme.
Yandex reported a 40% jump in adjusted net profit for 2025, reaching 141.4 billion rubles. Revenue also climbed by 32%, hitting 1.44 trillion rubles for the year. On April 14, shareholders voted to increase dividends to 110 rubles per ordinary share, up from the previous year’s payment.
After the buyback announcement, Yandex shares edged higher, trading at 4,067 rubles—a 0.8% gain on the day. The repurchase programme will run until 2027, with shares bought back through the Moscow Exchange. The move comes as Yandex strengthens its financial position, with rising profits and revenue. Dividends have also increased, reflecting the company’s improved performance.
