Announcement of AGM Results
Rhea-AI Summary
Kaspi.kz (Nasdaq: KSPI) held its Annual General Meeting on 15 April 2026 and approved key corporate actions affecting shareholders.
Key decisions: approval of 2025 audited financial statements; a dividend of KZT 850 per common share payable from 15 April 2026 with record date 14 April 2026; reappointment of Deloitte LLP as external auditor; Board remuneration in ADS grants vesting over three years.
Positive
- Dividend of KZT 850 per common share payable from 15 April 2026
- Record date set for 14 April 2026 determining entitlement
- Deloitte reappointed as external auditor for 2026 financial statements
- Board long-term incentive grants of 8,889 ADSs each vesting over 3 years
Negative
- None.
News Market Reaction – KSPI
On the day this news was published, KSPI declined 1.08%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
KSPI slipped 0.27% while key peers were mixed: OKTA, RBRK, and TOST showed gains, CHKP edged down, and only OKTA appeared in the momentum scanner, suggesting today’s move is stock-specific rather than a sector-wide shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 13 | Earnings call date | Neutral | +6.2% | Announced date and details for 1Q 2026 results call and webcast. |
| Mar 16 | Annual report filing | Neutral | +3.9% | Filed 2025 Form 20-F and made it available on IR and SEC sites. |
| Mar 04 | AGM notice | Neutral | -2.1% | Notified shareholders of AGM with proposed 850 KZT dividend and auditor renewal. |
| Mar 02 | Earnings release | Positive | +10.5% | Reported FY 2025 growth in revenue and net income with dividend proposal. |
| Feb 05 | Earnings call date | Neutral | -2.7% | Set date and call details for 4Q & FY 2025 financial results. |
Recent KSPI headlines, especially results and filings, often saw positive next-day moves, with only two of the last five news days showing negative reactions.
Over the last few months, Kaspi.kz has focused on financial reporting and shareholder actions. It released FY 2025 results with revenue up 19% YoY and net income up 10% YoY, alongside a proposed KZT 850 dividend per ADS. Subsequent filings included the 2025 Form 20-F and scheduling of the 15 April 2026 AGM, where that dividend and auditor reappointment were on the agenda. Today’s AGM result formalizes those previously signaled decisions.
Market Pulse Summary
This announcement formalizes Kaspi.kz’s 2025 audited results, a cash dividend of KZT 850 per common share for 2025, and long-term stock-based incentives of 8,889 ADSs per named director vesting over 3 years. It also reappoints Deloitte as external auditor. In context with recent earnings growth and regulatory filings, investors may watch upcoming 1Q 2026 results and any further governance or capital-return updates as key next milestones.
Key Terms
dividend financial
external auditor regulatory
stock options financial
ads financial
wire transfers financial
AI-generated analysis. Not financial advice.
ALMATY, Kazakhstan , April 16, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (Nasdaq: KSPI) announces that the following resolutions were duly passed at its Annual General Meeting on 15 April 2026:
1. To approve the agenda of the Annual General Meeting of Shareholders of JSC Kaspi.kz:
1) Approval of the agenda;
2) Approval of JSC Kaspi.kz’s 2025 annual audited financial statements;
3) Approval of the procedure to distribute JSC Kaspi.kz’s net income for the year 2025 and the amount of dividend per common share of JSC Kaspi.kz;
4) Information on shareholders’ appeals on JSC Kaspi.kz and its officers’ actions and results of consideration thereof in 2025;
5) Appointment of the external auditor to audit JSC Kaspi.kz’s financial statements;
6) Approval of the amount and terms of remuneration and reimbursement of expenses of the Board Members incurred while performing Board Member's duties.
2. To approve JSC Kaspi.kz's 2025 annual audited financial statements.
3. To approve dividends to be paid within the period set by law:
1) dividend amount of KZT 850 (eight hundred and fifty tenge) per common share of JSC Kaspi.kz;
2) dividend is paid for period 2025;
3) commencement date of dividend payments: 15 April 2026;
4) the list of shareholders entitled to receive the dividend based on 14 April 2026 date of record;
5) procedure and form of dividend payments: to be paid in cash by wire transfers to accounts of shareholders.
4. To take a note of the information on shareholders' appeals on JSC Kaspi.kz and its officers’ actions in 2025.
5. To reappoint Deloitte LLP as the external auditor to audit JSC Kaspi.kz’s 2026 financial statements.
6. To approve the amount and terms of remuneration and reimbursement of expenses of the Board Members incurred while performing Board Member's duties (stock options for the Board Members as a part of the long-term incentive program): Mrs. A. Prawdzik - 8889 ADSs, Mr. S. Gutkowski - 8889 ADSs, and Mr. D. Gardner - 8889 ADSs which will vest over 3 years equally.
For further information
David Ferguson, david.ferguson@kaspi.kz +44 7427 751 275
