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7 May 2025, 09:01
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05.05.2025 12:21 #Corporate events

Board of Directors of National Company "KazMunayGas" recommended distributing dividends to shareholders in the amount of 300 bn tenge based on 2024 results

/KASE, May 5, 2025/ – National Company "KazMunayGas" JSC (KASE ticker – KMGZ) has announced the following:

quote

By the decision of the Board of Directors of National Company KazMunayGas JSC ("KMG") dated 24th April 2025, on the basis of audited financial statements, it was proposed to submit for consideration to the General Meeting of Shareholders of KMG the issue of distribution of net profit for 2024 in the amount of 1,094 billion tenge in the following order:

  • allocate the amount of 300 bln tenge for the payment of dividends to KMG shareholders;
  • leave the amount of 794 bln tenge at the disposal of KMG;
  • the amount of dividends for 2024 per ordinary share will be 491.71 tenge.

The decision on the payment of dividends is a subject for approval by the shareholders at the Annual General Meeting of Shareholders (AGM), which will be held on 29 May 2025. In case of approval by the AGM, the payment of dividends for 2024 will begin on 24 June 2025 to shareholders registered in the shareholder register as of 00:00 local time (GMT+5) on 30 May 2025.

unquote

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[2025-05-05]