How To Buy Gazprom Shares

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How To Buy Gazprom Shares
How To Buy Gazprom Shares

Video: How To Buy Gazprom Shares

Video: How To Buy Gazprom Shares
Video: Gazprom Financial Stock Review: Massive Vertically Integrated Oil & Gas Company: $OGZPY 2024, December
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For citizens of the Russian Federation, there are 2 ways to purchase shares of OAO Gazprom. You can purchase stocks over the counter or ask one of the professional stock market brokers for help. According to Russian law, you are not allowed to trade shares of any companies on the stock exchange on your own, as a private investor.

How to buy Gazprom shares
How to buy Gazprom shares

It is necessary

  • - passport of a citizen of the Russian Federation;
  • - taxpayer identification number or TIN (original and copy);
  • - bank account for the payment of dividends and money from the sale of shares.

Instructions

Step 1

Open a depository account with a registrar that maintains the register of shareholders of OAO Gazprom. You can do this by contacting the Gazprombank Depository Center or CJSC SR-DRAGa. At the registrar, fill out a form and an order to open an account. This step is only necessary for the over-the-counter purchase of OAO Gazprom shares. When buying shares on the stock exchange, you can keep them both in the registrar's depository and on the broker's depository account.

Step 2

Over the counter method, you can purchase shares from a private (individual) person holding OAO Gazprom shares. To do this, it is necessary to draw up a contract for the sale and purchase of shares between individuals, a transfer order and transfer the securities to the depository from the seller's account to your own account.

Step 3

You can also buy shares over the counter by contacting Gazprombank, which serves the financial transactions of OJSC Gazprom and is a licensed broker. To do this, you need to submit an appropriate application at any branch of the bank.

Step 4

You can buy OAO Gazprom shares on the stock exchange only through professional stock market participants (investment companies and commercial banks). To do this, you need to select one of the participants (brokers) and conclude a brokerage agreement with him. At the same time, you can also conclude a depository service agreement for keeping your shares in the broker's depository.

Step 5

Transfer funds to your personal account, which will be opened for you after signing contracts with the selected broker.

Step 6

Submit an application to your broker to purchase OAO Gazprom shares by phone or fax. You can also buy stocks online using the electronic trading platform provided by your broker.

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