Record-breaking dividends approved by Sber shareholders, marking a historical milestone in both Sber's and the Russian market's history.
In a significant development, Sberbank, Russia's largest bank, has concluded its annual general meeting for 2024. The meeting, held remotely with the option for absentee voting, saw shareholders approve several key decisions, including the recommendation to pay dividends for 2024 in the amount of 786.9 billion rubles.
The new Supervisory Board of Sberbank, consisting of 14 members, was also approved. Anton Siluanov, the Minister of Finance of Russia since April 2021, will chair the board. Half of the members on the new board are independent directors, according to the available data.
The exact number and identities of these independent directors, however, are not explicitly provided in the search results. Sberbank, being a majority state-owned bank with close government ties, may have many board members who are government officials or closely affiliated individuals.
In addition to the approval of the new Supervisory Board, shareholders also approved new editions of Sberbank's Charter and regulatory documents governing the activities of its management bodies. The meeting also marked the approval of Sberbank's annual report for 2024.
The date on which persons entitled to receive dividends will be determined is set for July 18, 2025. The dividend payout for ordinary and preferred shares is 34.84 rubles per share.
For those interested in comprehensive details on the Supervisory Board members, including the independent directors, it is recommended to consult Sberbank’s official corporate governance reports or disclosures typically published in their annual reports or on their corporate website. Unfortunately, this specific detailed breakdown is not found in the current search data.
With these decisions in place, Sberbank moves forward, continuing to play a crucial role in the Russian financial sector.
The newly appointed Supervisory Board of Sberbank, chaired by Anton Siluanov, the Minister of Finance of Russia, consists of 14 members, with half of them being independent directors. As the bank continues its significant role in the Russian business sector, interested parties can find more detailed information about the new board, including the identities of the independent directors, by consulting Sberbank's official corporate governance reports or annual reports on their corporate website.
