KSD "To Receive Year-End Dividends, Transactions Must Be Completed by the 28th"

[Asia Economy Reporter Lee Seon-ae] Investors who wish to exercise voting rights or receive dividends at the regular shareholders' meeting of listed companies with a December fiscal year-end must purchase shares by the 28th.

According to the Korea Securities Depository on the 24th, to exercise voting rights at the fiscal year-end shareholders' meeting, the relevant shares must be held until the end of this year, and for trades made on the 28th, settlement will occur on the 30th, which is the last settlement day of the year.

Both the securities market and the derivatives market will be closed on the 31st.

Shareholders holding physical stock certificates must electronically register or transfer the name to a securities company account by the 31st to exercise voting rights and rights to dividends at the shareholders' meeting.

If the held physical stock certificates are subject to electronic registration, identification, securities company account details, physical stock certificates, and proof of rights documents must be submitted to the name transfer agency by the morning of the 31st.

The Depository stated, “Shareholders who have changed their address must register their current residence address to accurately receive notification mail such as the shareholders' meeting notice and dividend payment notice,” and “shareholders holding shares through securities accounts must apply for address changes to the respective securities company.”

This content was produced with the assistance of AI translation services.