« Cramer’s Mad Money Stocks 05/31/06 - TEX - Terex Corporation Announces Stock Split »

CTCM - CTC Media, Inc. IPO Opens for Trading

1 June 2006

CTCM - CTC Media, Inc. priced today (06/01/06) at $14.00 (below its initial $16-18 range and within its $13.50-15.50 revised range) and opened at $14.75. Its current share price is $14.86, up $0.86 (+6.14%). CTC Media is a Russian entertainment network which broadcasts entertainment programming through its CTC Network, Domashny Network, and 18 owned and operated TV stations. CTC Network is one of the top national broadcasters in Russia with an audience of around 100 million viewers and broadcasts through more than 300 affiliate stations and cable outlets. The CTC Network principally targets 6-54 year-old viewers and the Domashny (’Home’) Network principally targets 25-60 year-old female viewers. URL - http://www.ctcmedia.ru


Leave a reply

You must be logged in to post a comment.