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ALMATY - Halyk Bank JSC, one of Kazakhstan’s leading financial institutions, announced the results of its Annual General Shareholders’ Meeting conducted by absent voting on April 30, 2025. The bank confirmed shareholder approval of several key resolutions including the distribution of net income and dividend payment for the fiscal year 2024.
During the meeting, shareholders approved the agenda prepared by the bank’s Board of Directors and ratified the consolidated annual financial statements for 2024, which included the independent auditor’s report. The financial statements were passed with overwhelming support, receiving 8,314,692,935 votes in favor out of the 8,318,173,495 votes cast by shareholders.
The bank’s shareholders also resolved the distribution of net income for 2024, declaring a dividend of KZT 29.64 per common share, with the payment commencing on May 22, 2025. The record date for determining the shareholders entitled to dividends was set for May 5, 2025. The remaining net income after dividend payments will be allocated to retained earnings.
Additionally, the shareholders acknowledged the 2024 Performance Report of the Board of Directors, expressing positive recognition for the board’s activity and the performance of its members. The meeting also saw the passage of an amendment to a resolution dating back to April 19, 2006.
The bank provided details on the remuneration for members of the Board of Directors and Management Board, which the shareholders acknowledged. Information on shareholders’ appeals regarding the actions of the bank and its officials and the outcomes of those appeals were also noted and accepted.
Lastly, the shareholders determined the number and term of powers for the Ballot Committee of Halyk Bank JSC and elected six members to serve a three-year term.
The results reflect a majority agreement from the voting shares represented at the meeting, indicating a strong shareholder consensus on the bank’s strategic decisions and governance.
This report is based on a press release statement and summarizes the outcomes of the Annual General Shareholders’ Meeting of Halyk Bank JSC.
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