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Kyivstar Group Shareholders Price USD 10.50 Secondary Offering on Nasdaq

Story Highlights
  • Kyivstar shareholders priced a 12.5 million-share secondary offering at USD 10.50, with no new shares issued by the company.
  • The SEC-approved offering, expected to close February 2, 2026, broadens Kyivstar’s free float via a selldown by existing investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kyivstar Group Shareholders Price USD 10.50 Secondary Offering on Nasdaq

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The latest announcement is out from Kyivstar Group ( (KYIV) ).

On January 29, 2026, Kyivstar Group Ltd. announced that its principal shareholder, VEON Amsterdam B.V., and certain other selling shareholders had priced a secondary public offering of 12.5 million Kyivstar common shares at USD 10.50 per share in the U.S. market, with underwriters granted a 30-day option to purchase up to an additional 1.875 million shares; the company itself is not issuing or selling shares and will not receive any proceeds from the transaction. The offering, supported by a syndicate led by Morgan Stanley, Barclays, Cantor and Rothschild & Co, and declared effective by the SEC on January 29, 2026, is expected to close on February 2, 2026 subject to customary conditions, effectively broadening Kyivstar’s free float and shareholder base while representing a partial selldown by existing investors rather than new capital raising for the company.

The most recent analyst rating on (KYIV) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Kyivstar Group stock, see the KYIV Stock Forecast page.

Spark’s Take on KYIV Stock

According to Spark, TipRanks’ AI Analyst, KYIV is a Neutral.

Kyivstar Group’s strong financial performance and positive technical indicators are offset by a poor valuation due to a negative P/E ratio and lack of dividend yield. The stock benefits from strong momentum and operational efficiency, but the valuation concerns weigh heavily on the overall score.

To see Spark’s full report on KYIV stock, click here.

More about Kyivstar Group

Kyivstar Group Ltd. is a Nasdaq-listed holding company that operates JSC Kyivstar, Ukraine’s leading digital operator and the first Ukrainian company to list on a U.S. stock exchange, providing a broad suite of connectivity and digital services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise offerings such as big data, cloud, and cybersecurity, with a stated focus on large-scale investment in Ukraine’s infrastructure and technological development between 2023 and 2027.

Average Trading Volume: 644,095

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.77B

Learn more about KYIV stock on TipRanks’ Stock Analysis page.

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