Dividend decision from Ford Otosan

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Dividend decision from Ford Otosan

Ford Otomotiv Sanayi A.Ş. (FROTO) announced that it has decided to distribute a net dividend of TL 26.78 per share. The dividend distribution date was announced as November 1. Ford Otomotiv Sanayi A.Ş. (FROTO) announced that it has decided to distribute a net dividend of TL 26.78 per share in a statement made to the Public Disclosure Platform (KAP). The statement stated that the board of directors made the dividend decision at its meeting on October 2, 2023. According to the statement, cash dividends in the amount of TL 10 billion 443 million 81 thousand will be distributed to the partners. According to the records prepared in accordance with the Tax Procedure Law, of the 10 billion 443 million liras subject to distribution, TL 15 million 633 thousand will be covered from other capital reserves, TL 1 billion 130 million 228 thousand from legal reserves, TL 9 billion 285 million 400 thousand from extraordinary reserves, and TL 11 million 818 thousand from retained earnings. Dividend distribution will be made as of October 30, 2023, in accordance with the principles determined by the Central Registry Agency Inc. within the framework of the registration regulations.