We use cookies for you to benefit from our website in the most efficient way and for improving your experience on our website. You may see the principles concerning collection of user data in our Privacy Statement. If you prefer to disable the cookies, you may delete or block the cookies from your browser's settings. However, we would like to remind you that this may affect your use of our website. Unless you change the cookie settings on your browser, we assume that you accept the use of cookies on this website.
 
SAHOL- hisse değeri- -info icon
Contact Search button
Türkçe

Dividend Distribution Proposal to the General Assembly

 

At the meeting of the Board of Directors dated 25 February 2021,

Pursuant to review of Consolidated Financial Statements for the year 2020 prepared in accordance with the Turkish Financial Reporting Standards, it was resolved to propose the General Assembly to distribute profit as follows from 4.767.573.000.- TL Consolidated Net Profit attributed to equity holders of the parent incurred between 01.01.2020 - 31.12.2020;

  • Gross 714.141.375,85 TL dividend in cash (Gross %35, net %29,75) to the shareholders who are representing the 2.040.403.931,00 TL capital,
  • Gross 23.851.874,98 TL dividend in cash to H.Ö. Sabancı Foundation,
  • To reserve the remaining amount as extraordinary reserves,
  • To reserve 44.807.323,59 TL profit as "Special Reserves" in the Statutory Financials prepared in accordance with the Turkish Tax Procedure Law in order to benefit from corporate tax exemption for the profit derived from the 2020 sales of subsidiary in accordance with the Article 5/1-e of the Corporate Tax Law,

and it was resolved to propose the General Assembly to distribute the cash dividend, beginning from 5 April 2021.

Dividend Distribution Proposal to the General Assembly
SirA Sira
i