Shareholders of Ust-Kamenogorsk Titanium Magnesium Plant approved procedure for distributing the company's net income for 2024

29.07.25 12:29
/KASE, July 29, 2025/ – Ust-Kamenogorsk Titanium Magnesium Plant JSC (KASE ticker – UTMK) announced the decisions of the annual general meeting of shareholders held on July 25, 2025. The shareholders, among other things, made the following decisions: - to approve the company's annual financial statements for 2024; - to approve the procedure for distributing the company's net income: - 53,955 thousand tenge – for dividends; - 1,291,354 thousand tenge – for investments in technical re-equipment, research and development work and the acquisition of fixed assets. Decisions on a total of seven issues on the meeting agenda were made at the general meeting of shareholders. This information is posted at – https://kase.kz/files/emitters/UTMK/utmk_special_shareholders_meeting_results_250725_1628.PDF [2025-07-29]