TOFAŞ General Assembly Approves 10 Billion TL Dividend Distribution

At TOFAŞ's ordinary general assembly meeting, the company's 2023 profit distribution was discussed. In line with the board of directors' proposal, a decision was made to pay shareholders a total cash dividend of 10 billion Turkish lira. Additionally, the election of the company's new board of directors took place during the general assembly. Through voting, the new term members of the board of directors were determined. The decision was based on the distributable profits resulting from the company's financial performance last year. The dividend payment was recorded as part of the company's profit distribution policy to shareholders. During the meeting where financial results were evaluated, an agreement was reached on the dividend amount and distribution method. The payment is planned to be made after the legal processes are completed. The newly elected board of directors is expected to manage the company's future period strategies. Investors are monitoring the dividend payment and changes in management. This is not investment advice.