STA will hold its ordinary general meeting on May 29 2025

Posted by Llama 3 70b on 27 May 2025

Tunisian Automobile Company (STA) to Hold Ordinary General Meeting

The Tunisian Automobile Company (STA) will hold its ordinary general meeting on Thursday, May 29, 2025, at 10:00 a.m. at the headquarters of the Arab Institute of Business Leaders (IACE), located on the shores of Lake Tunis.

During this meeting, shareholders will be called upon to approve the allocation of the 2024 financial year's result, amounting to 5.82 million Tunisian dinars (Mtnd), as well as the carried-over results of 1.94 Mtnd, bringing the total to 7.77 Mtnd.

The proposed distribution is as follows:

Legal Reserve: 388,386 TND

Dividends to be Distributed: 4,080,000 TND

Carried-over Results: 3,299,334 TND

Consequently, the dividend per share is set at 2.040 TND.

Furthermore, the General Assembly has approved the appointment of two independent members to the board of directors for the 2025-2027 period: Raoudha Bejaoui and Abdessattar Sahli.