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14.03.2025 16:19 #Corporate events

Board of Directors of Air Astana recommended payment of dividends for 2024 in the amount of 17.7 tenge per common share and special dividends in the amount of 36.0 tenge per common share

KASE, March 14, 2025/ – Air Astana JSC (KASE ticker – AIRA) has announced the following:

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March 14, 2025

Air Astana Group (the "Company" and, together with its subsidiary FlyArystan, the "Group"), the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size, announces that its Board of Directors has proposed to the Annual General Meeting of Shareholders (AGM) an ordinary dividend in respect of the financial year ended 31 December 2024 of KZT 17.7 per one common share (KZT 70.9 per GDR – of four shares), a total dividend of KZT 6.3 billion, earlier than the medium-term guidance set out at IPO.

Additionally, in light of the Group’s robust financial results for 2024 and strong balance sheet, the Board of Directors has recommended a special dividend of KZT 36.0 per one common share (KZT 143.9 per GDR), a total dividend of KZT 12.8 billion.

The total proposed dividend (ordinary and special dividend) amounts to KZT 53.7 per one common share and KZT 214.8 per GDR. This is subject to AGM approval not later than 31 May 2025 and payable in mid-2025.

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Full version of the press release in Kazakh – see more

Full version of the press release in Russian – see more

Full version of the press release in English – see more

[2025-03-14]