HUM Network Limited Credits 50% Cash Dividend to Shareholders

Karachi: HUM Network Limited, in a recent announcement, confirmed the successful credit of a final cash dividend to its shareholders. The dividend, set at 50%, equating to Re. 0.50 per share, pertains to the fiscal year ending June 30, 2026, and was approved during the Annual General Meeting held on October 28, 2026. This dividend has been credited electronically to the bank accounts of shareholders who provided the necessary identification and banking details.

According to information available from the Pakistan Stock Exchange (PSX), HUM Network Limited has adhered to the compliance requirements stipulated by Section 242 of the Companies Act 2017. The company also followed the Securities and Exchange Commission of Pakistan's notification SRO 1145(1)/2017, dated November 6, 2017, to ensure transparency and efficiency in the dividend distribution process.

The company has withheld payments to shareholders who have failed to submit complete banking information, including their International Bank Account Numbers (IBANs) and valid Computerized National Identity Cards (CNICs). This measure aligns with regulatory mandates to safeguard the interests of all stakeholders involved.