STO Shareholders Approve MVR 85 Per Share Dividend at 2025 Annual General Meeting
STO's 2025 AGM at dusitD2 Feydhoo approved a dividend of MVR 85 per share, re-elected Mohamed Ahsan Saleem to the Board for 2026-2027, and appointed Ernst & Young as External Auditors for 2026, with 263 shareholders participating.
State Trading Organisation PLC has successfully held its Annual General Meeting (AGM) for 2025 at dusitD2 Feydhoo, bringing together 263 shareholders to review and approve the company's financial performance and key resolutions for the year.
The meeting saw strong shareholder participation, with 176 shareholders attending in person and a further 87 participating via proxy, reflecting the continued confidence and engagement of STO's investor community.
MVR 85 Dividend Approved
During the meeting, shareholders officially approved a dividend of MVR 85 per share for the financial year 2025, rewarding investors on the back of the organisation's performance throughout the year.
Board Appointment and External Auditor
Shareholders also re-elected Mr. Mohamed Ahsan Saleem to the STO Board to represent public shareholders for the 2026–2027 term, ensuring continued representation and governance on behalf of the wider shareholder base. In addition, Ernst & Young was appointed as STO's External Auditors for 2026, maintaining independent financial oversight and the highest standards of transparency and accountability going forward.
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