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Afarak Group SE Announces AGM Resolutions and Board Appointments

Story Highlights
  • Afarak Group SE’s AGM decided no dividend for 2024 but allowed potential distribution by 2025.
  • New and re-elected Board members and committee appointments were confirmed at Afarak’s AGM.
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Afarak Group SE Announces AGM Resolutions and Board Appointments

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Afarak Group Plc ( (GB:AFRK) ) has shared an announcement.

Afarak Group SE held its Annual General Meeting in Helsinki, where it was decided that no dividend would be paid for 2024, but the Board was authorized to distribute up to EUR 0.005 per share from retained earnings or reserves by the end of 2025. The meeting also saw the re-election of Dr. Jelena Manojlovic and Mr. Thorstein Abrahamsen, and the election of Mr. Julien Duniague as a new Board member. The Board of Directors re-elected Mr. Thorstein Abrahamsen as Chairperson and appointed members to various committees, including Audit and Risk Management, Remuneration and Nomination, and Health, Safety and Sustainable Development. The AGM also confirmed Tietotili Audit Oy as the auditor and sustainability reporting assurer.

More about Afarak Group Plc

Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki and the Main Market of the London Stock Exchange.

For detailed information about AFRK stock, go to TipRanks’ Stock Analysis page.

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