Kotabaru, South Kalimantan (ANTARA) - The Annual General Meeting of PT Indocement Tunggal Prakarsa Tbk Shareholders (RUPST or AGMS) has approved the distribution of IDR868 billion dividend based on the company's 2024 financial year net profit.
Corporate Secretary of PT Indocement Tunggal Prakarsa Tbk (INTP) Dani Handajani said the dividend to be dispensed in cash IDR 259/share, without taking into accound the number of shares controlled by the company (treasury shares), with a total dividend value of IDR867 billion.
"The remaining net profit for 2024 financial year after the distribution of cash dividend will be recorded as part of the retained earning balance which use has not been determined," he said in written statement, Thursday.
Read also: Indocement improves market share in Indonesia
Shareholders who entitled to cash dividends are those registered in the Company's Shareholders Register on June 4, 2025 at 16.00 WIB.
By observing provisions of the Indonesia Stock Exchange (MEI), the cum dividend date on regular and negotiated market is Monday, June 2, 2025; and ex dividend is Tuesday, June 3, 2025.
While cum dividend for cash market is Wednesday, June 4, 2025 and its ex dividend is Thursday June 5, 2025.
Dividend payment to be starting on Friday, June 20, 2025. Tax on cash dividend will be imposed in accordance with the applicable taxation provisions in Indonesia.
The INTP shareholders in their meeting also approved changes to the company's management structure.
They accepted the resignation of Kevin Gerard Gluskie as the commisioner and appointed Suharso Monoarfa to replace him.
They also approved to reappoint Sunnira Ly as Director until the AGMS (RUPST) for the 2027 financial year, which will be held in 2028.
Read also: Indocement holds teaching program at SMP, SMA Terbuka
Read also: Indocement records 20,496 thousand ton cement and clinker sale in 2024
