Logicom shareholders have approved a dividend payment of €0.10 per share during the company’s annual general meeting (AGM). This dividend, representing 29.4 per cent of the nominal value of the share, was proposed by the board of directors.
The record date for determining beneficiaries of this dividend is set for Thursday, July 9, 2026. Transactions carried out by the end of the trading day on Tuesday, July 7, 2026, will include shares traded cum-dividend. From Wednesday, July 8, shares will trade ex-dividend.
Investors who acquire shares through over-the-counter transactions will also be eligible for the dividend, provided these transactions are completed and registered in the Dematerialised Securities System by the record date. The company plans to make the dividend payment on July 24, 2026, with further details on the dispatch date to be announced.
The AGM saw participation from 11 shareholders in person and seven through proxies, representing 71.43 per cent of the company’s issued shares. Six ordinary business items and two special business items were on the meeting agenda, allowing shareholders to engage and ask questions regarding the topics discussed.
Among the key items presented was the management report, corporate governance report, and the audited financial statements for 2025. Shareholders re-elected several directors, including Christoforos Hadjikyprianou and Varnavas Irinarchos, affirming their positions on the board.
Additionally, the AGM approved the advisory, non-binding resolution concerning the 2025 remuneration report and the company’s directors’ remuneration policy. KPMG Limited was reappointed as the statutory auditors, effective until the end of the next AGM, with the board authorised to determine the auditors’ remuneration.
In a significant move, shareholders approved an amendment to the company’s articles of association to introduce new regulations on unclaimed dividends and other amounts owed to beneficiaries. A special resolution was also passed, granting the board the authority to repurchase the company’s own shares.
During the meeting, chairman Christoforos Hadjikyprianou and vice-chairman and CEO Varnavas Irinarchos delivered speeches, with finance director Anthoulis Papachristoforou presenting a financial analysis. The texts of these speeches were included in the AGM announcement, alongside institutional notifications regarding the re-election of directors and the reappointment of auditors.
