Business
38th KT&G AGM Approves All Agenda Items
KT&G (KRX: 033780) concluded the 38th annual general meeting of shareholders (AGM) on March 26, at the KT&G Human Development Center, during which all agenda items tabled by the board of directors were approved.
About this update from Kt & G Corporation
[{"type":"list","items":[{"val":[{"type":"text","content":"Agendas including year-end dividend, partial AoI amendments, director appointments approved","length":96,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":96,"olType":false},{"type":"text","content":"SEOUL, South Korea, March 26, 2025 /PRNewswire/ -- KT&G (KRX: 033780) concluded the 38th annual general meeting of shareholders (AGM) on March 26, at the KT&G Human Development Center, during which all agenda items tabled by the board of directors were approved.","length":270,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/KT&G Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/KT&G Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":224,"height":104,"url":"https://media.zenfs.com/en/prnewswire.com/7e11e57d34236a9648f7642a9ab336b3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zWxagX1LRlhvmv9.ro.63A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE5NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7e11e57d34236a9648f7642a9ab336b3","width":224,"height":104}},"href":"https://mma.prnewswire.com/media/2316472/KT_G_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Agenda items of this AGM included approval of: financial statements and statement of appropriation of retained earnings; partial amendments to the articles of incorporation (AoI); appointment of one inside and two outside directors; appointment of one audit committee member; and remuneration cap for directors. All agendas were ratified by shareholders.","length":359,"tagName":"p"},{"type":"text","content":"KT&G proposal for 2024 year-end dividend at KRW 4,200 per share was accepted by the shareholders. The annual dividend, including the interim dividend of KRW 1,200 paid last year, is KRW 5,400, up KRW 200 from the previous year.","length":231,"tagName":"p"},{"type":"text","content":"The meeting also approved AoI amendments clarifying the number of directors; aligning provisions regarding the appointment of audit committee members; clarifying the method for the appointment of the president; and changing the quarterly dividend record dates. Accordingly, the appointment of the president through the AGM will accurately reflect opinions of all shareholders and investors will be able to confirm the dividend set by the board before decid...