Islamabad: Pakistan State Oil Company Limited (PSO), the leading oil marketing company in the nation, declared a final cash dividend of Rs. 10 per share for the financial year ended June 30, 2024, reflecting a 100% dividend rate. This announcement was made following a board meeting held on August 27, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the board shared the company’s financial results, which have been documented in both unconsolidated and consolidated formats as Annexure-A and Annexure-B respectively. These detailed financial statements will play a crucial role in the discussions at the forthcoming Annual General Meeting (AGM) scheduled for October 24, 2024, in Karachi.

Shareholders registered by October 17, 2024, will be eligible for the dividend, with the share transfer books remaining closed from October 17 through October 24, 2024. The company has ensured that all transfers completed by the close of business on October 16, 2024, at the office of their Registrar, CDC Share Registrar Services Limited in Karachi, will be acknowledged for the entitlement.

Furthermore, PSO has confirmed that the annual report will be circulated through PUCARS at least 21 days prior to the AGM, ensuring all stakeholders have ample time to review the company’s annual performance and strategic directions.