Shareholder Structure and Dividend Policy

Shareholders Holding More Than 5% of Capital and Voting Rights

 

ShareholderShare in Capital (TL)Ratio in Capital (%)Voting Right Ratio (%)
Sakıp Sabancı Holding Anonim Şirketi 287,100,000.56 14.07 14.07
Serra Sabancı 147,370,880.80 7.22 7.22
Çiğdem Sabancı Bilen 141,566,960.87 6.94 6.94
Suzan Sabancı, CBE 141,566,960.87 6.94 6.94
Other 1,322,799,127.90 64.83 64.83
Total 2,040,403,931 100.00 100.00
*As of 31.12.2023

 

Dividend Policy

Hacı Ömer Sabancı Holding A.Ş.’s Dividend Policy is to distribute dividend up to 20%, but not less than 5% of the distributable profit of the year calculated in accordance with the provisions of the Turkish Commercial Code, Capital Markets Legislation and the provisions of our Articles of Association, in cash and/or in the form of shares. Application of this policy is determined by the General Assembly in line with Hacı Ömer Sabancı Holding A.Ş.’s medium and long-term strategies, national and global economic conditions.

Dividends will be distributed equally to all shareholders, regardless of their date of issuance and acquisition within the legal period following the approval of the General Assembly on the date determined by the General Assembly. Hacı Ömer Sabancı Holding A.Ş. does not apply advanced dividend distribution policy.

General Assembly can transfer a portion or all of the net profit to the extraordinary reserves. If Board of Hacı Ömer Sabancı Holding A.Ş. offers the General Assembly not to distribute dividend, the reason for not distributing dividends and information about the usage of undistributed profit needs to be presented to the shareholders at the General Assembly Meeting.

 

Dividend Performance (TL Million) 20192020 2021 2022 2023
Dividends Received 601 492 1,562 2,114 7,076
Dividends Paid 612 673 714 1,530 3,571
Dividends Paid/Received 102% 137% 46% 72% 50%
Dividends Pay Out Ratio 16% 18% 15% 13% 8%