Panora GYO will propose a cash dividend distribution of 5.06 TL per share for approval at the General Assembly.

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Panora GYO will propose a cash dividend distribution of 5.06 TL per share for approval at the General Assembly.

Foreks - Panora GYO (IS:PAGYO) will propose a cash dividend distribution of 5.0622453 TL per share from its 2024 profits for General Assembly approval.

In a statement made to the Public Disclosure Platform (KAP), the company provided the following details: "Our Board of Directors has decided to distribute at least 75% of the annual distributable profit to shareholders in cash, in line with Article 29 of the Company's Articles of Association and the 'Company Dividend Policy.' According to the Dividend Distribution Table prepared in compliance with the Capital Markets Law Dividend Distribution Communiqué: 1- A total dividend of 440,415,343.88 TL (5.0622453 TL x 87,000,000 shares) will be distributed from the 2024 distributable profit; 2- 43,606,534.39 TL will be allocated as the second reserve fund; 3- The remaining amount will be transferred to the Extraordinary Reserves account; 4- The proposal for the Board of Directors to determine the number of installments, dates, and amounts for the 2024 dividend payments will be submitted for General Assembly approval."