Notice of Extraordinary General Meeting of Shareholders of Kaspi.kz
Rhea-AI Summary
Kaspi.kz (Nasdaq: KSPI) has called an Extraordinary General Meeting of Shareholders for 11 June 2026, 10:00 Astana time in Almaty, Kazakhstan, with a repeat meeting on 12 June 2026 if quorum is not met.
Key agenda items include approval of an 850 KZT dividend per common share, setting the dividend record date as 10 June 2026, and defining the size and term of the Counting commission.
Shareholders entitled to participate will be determined from the register as of 8 May 2026.
Positive
- Board recommends 850 KZT dividend per common share for shareholder approval
- Proposed 10 June 2026 dividend record date gives clarity on eligibility
- EGM scheduled with repeat date ensures process even if initial quorum fails
Negative
- Proposed 850 KZT dividend remains subject to shareholder approval at the EGM
News Market Reaction – KSPI
In the May 12 session, KSPI gained 0.63%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 11 | 1Q 2026 earnings | Positive | -0.1% | Strong revenue and EBITDA growth with stable net income and dividend proposal. |
| Apr 24 | Bond issuance | Positive | +0.7% | $600M 5.900% senior notes due 2031 to strengthen liquidity. |
| Apr 20 | Strategic investment | Positive | +8.1% | Tencent and long-term investors bought 6.0M ADSs from existing holder. |
| Apr 16 | AGM outcomes | Positive | -1.1% | AGM approved 2025 accounts, KZT 850 dividend and auditor reappointment. |
| Apr 13 | Earnings date set | Neutral | +6.2% | Announcement of 1Q 2026 results date and investor conference call. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive corporate and financing news often saw mixed equity reactions, with some strong gains but also instances of mild divergence on otherwise constructive updates.
Over recent months, Kaspi.kz reported strong 1Q 2026 growth with revenue up 31% to KZT1.1 trillion and adjusted EBITDA up 9% to KZT368 billion, though net income dipped 1% to KZT252 billion. The company issued $600 million of 5.900% senior notes and attracted Tencent and long-term investors in a 6.0 million ADS transaction. An AGM in mid‑April approved a KZT 850 per common share dividend. Today’s EGM notice again centers on approving a proposed KZT 850 dividend per common share.
Key Terms
dividends financial
record date financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
ALMATY, Kazakhstan, May 12, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of JSC Kaspi.kz (Nasdaq: KSPI) hereby announces the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz will be held on 11 June 2026 at 10:00 Astana time at: 154 “А”, Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013.
If a quorum is not met, a repeated General Meeting of Shareholders will be held on 12 June 2026 at 10:00 Astana time at: 154 “А”, Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013.
Agenda of the Extraordinary General Meeting of Shareholders:
1. Approval of the agenda;
Standard EGM item, under the law of the Republic of Kazakhstan.
2. Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share.
The Board of Directors recommends 850 KZT dividend per common share for approval by the shareholders.
The proposed record date of shareholders list for dividends is 10 June 2026.
3. Defining the size of the Counting commission of JSC Kaspi.kz and the term of office of its members.
Standard EGM item, under the law of the Republic of Kazakhstan.
The list of shareholders entitled to participate in the Extraordinary General Meeting of Shareholders will be determined based on the shareholder register of JSC Kaspi.kz as at 08 May 2026.
For further information
David Ferguson, david.ferguson@kaspi.kz
+44 7427 751 275
