"XacBank" JSC distributed a dividend of MNT 18.9 billion from the Bank’s earnings for the first half of the year 2024 to its shareholders
In accordance with the resolution of the Board of Directors of XacBank JSC (the “Bank”), the extraordinary general meeting (the ”EGM”) of shareholders of the Bank was organized through online ballot voting between 25 July 2024 and 4 September 2024. Following the EGM, 99.99% of the shareholders with voting rights who participated in the EGM have approved to declare and distribute interim dividends from the Bank’s earnings for the first half of the year 2024 in the total gross amount of MNT 18,948,600,000.00 by a declaration of dividend in the amount of MNT 18.00 per share.
Pursuant to the decision of the shareholders, the interim dividends were disbursed via Mongolian Central Securities Depository into the shareholders' accounts on after-tax basis.
Since becoming an open joint-stock company, the Bank has established a consistent policy of distributing dividends on a semi-annual basis.
The record date to determine shareholders entitled to receive interim dividends was set on 8 August 2024. Therefore, the shareholders are encouraged to contact their respective brokerage companies for further information regarding their dividends. To access the list of brokerage companies, please CLICK HERE.
We extend our gratitude to all our valued investors.
Contact Information:
- Phone: +(976)-8508-1888
- Email: investor-relations@xacbank.mn
Working hours: Between 10:00 and 17:00 on working days
