KazMunayGas Pays Out Over 300 Billion Tenge in Dividends
Photo: KazMunayGas Press Service
KazMunayGas has completed dividend payments to shareholders for 2024, totaling just over 300 billion tenge, Orda.kz reports.
According to a disclosure on the Kazakhstan Stock Exchange (KASE), the national oil and gas company transferred 300 billion 1 million 855.9 thousand tenge as of June 25.
In 2024, KazMunayGas reported total earnings exceeding 1 trillion tenge. 794 billion tenge will be retained for the company’s future development, while shareholders received approximately one-third of the net profit, 491.71 tenge per share.
As of April 1, KazMunayGas’s shares were primarily held by the Samruq-Qazyna National Welfare Fund (67.82%), followed by the Ministry of Finance (20%) and the National Bank of Kazakhstan (9.58%).
Earlier, Orda.kz reported that senior executives at KMG were paid more than 705 million tenge in 2024.
Original Author: Nikita Drobny
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