Shareholders of Kazakhtelecom approve annual financial statements and decide to pay dividends on ordinary shares for 2020

05.05.21 18:12
/KASE, May 5, 2021/ – Kazakhtelecom (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about decisions of the annual general meeting of its shareholders held on April 30, 2021. Shareholders, inter alia, made the following decisions: - to approve the annual financial statements (consolidated and separate) of the company for 2020; - to approve the following procedure for distribution of the company's net income for 2020: - to pay 30 % of the consolidated net income, amounting to 63,493,359,000 tenge, as dividends based on the results of 2020; - to leave the rest at the disposal of the company; - to approve the amount of dividends for 2020 on ordinary shares – KZT1,730.88 per share. Decision on a total of three issues were taken at the general meeting of shareholders. This information is available (in Kazakh and Russian) on – https://kase.kz/files/emitters/KZTK/kztk_annual_shareholders_meeting_results_300421_4057.pdf [2021-05-05]