1. Kaspi.kz held its Annual General Meeting on March 28, 2025. 2. The company approved its 2024 audited financial statements. 3. Kaspi.kz will not pay dividends for the year 2024. 4. Deloitte LLP was reappointed as the external auditor for 2025. 5. Shareholders' appeals were noted from the previous year.
The decision not to pay dividends can lead to a negative market reaction, as seen previously with companies that suspend dividends. This may indicate potential cash flow issues or reallocations of funds that investors view unfavorably.
The decision to not pay dividends for 2024 directly correlates with investor sentiment and market price movement, thus significantly impacting the stock’s performance.
Immediate market sentiment will be affected due to dividend suspension, but any strategic plans might change perceptions over time.