Kyivstar listed on Nasdaq
Kyivstar Group will begin trading on the Nasdaq Stock Exchange in New York on August 15 under the ticker "KYIV", completing a historic public offering.
This was announced in the company's statement, Ukrainian News Agency reports.
The statement said that Kyivstar is the first and only company with business exclusively in Ukraine, whose shares are traded on the US stock exchange.
Thus, Kyivstar Group Ltd. (Nasdaq: KYIV) (Kyivstar), the parent company of the digital operator of Ukraine, announced the completion of its historic listing on the Nasdaq Stock Market (Nasdaq).
Starting today, Kyivstar shares are traded on Nasdaq under the ticker KYIV, opening global investors direct access to investing in Ukrainian businesses and Ukraine's economic recovery.
As of the closing of the business combination agreement, VEON owns 89.6% of Kyivstar Group Ltd. shares.
It is noted that to officially celebrate the public offering, Kyivstar will join the Nasdaq Opening Bell ceremony in New York on August 29, 2025.
As Ukrainian News Agency earlier reported, on January 13, the VEON group, which includes the mobile operator Kyivstar, and Cohen Circle signed a letter of intent to list Kyivstar on the Nasdaq stock exchange in New York.
VEON's largest shareholder was LetterOne Group, which was created by the founders of the russian Alfa Group, Mikhail Fridman, German Khan, and Alexei Kuzmichev.
In 2022, they left the Board of Directors after russia's full-scale invasion of Ukraine and the imposition of sanctions against Fridman.