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3 clusters · 4 sources · 29 days · First seen · Last updated

Iran Justice Shares dividend and liberalization process

Overview

Bahman Abdollahi, head of the Iran Chamber of Cooperatives, previously outlined dividend distribution and liberalization plans for Justice Shares (Saham Edalat) for the 1404 period. Dividends were expected in two installments, and guidelines for the liberalization and stock market offering of these shares were sent to Parliament for approval.

Updating the status of these payments, Hojatollah Seyidi, Deputy Minister of Economic Affairs and Finance and head of the Securities and Exchange Organization, confirmed that all dividends for the year 1403 have been fully paid.

Regarding the 1404 dividends, Seyidi noted that payments are currently pending the completion of annual general meetings by various companies. While some companies have yet to hold their meetings and others remain within designated payment windows, the organization intends to process payments as quickly as possible once the amounts are aggregated.

Additionally, Seyidi addressed recent technical disruptions in the market, stating that investigations showed delays were limited to reduced transaction speeds rather than systemic abuse, making trade cancellations unnecessary. Authorities are now re-evaluating models for adjusting price fluctuation ranges as market stability improves.

Entities

Iran Chamber of Cooperatives · Bahman Abdollahi · Iranian Parliament

Timeline

  1. 11 days ago

    [BUSINESS] 3 sources
    Iran Justice Shares dividends pending company general meetings

    Iran's Securities and Exchange Organization reports that 1403 Justice Shares dividends are fully paid, while 1404 payments await the completion of company annual general meetings.

  2. 26 days ago

    [BUSINESS] 2 sources
    Iran Chamber of Cooperatives discusses Justice Shares dividends and liberalization

    The head of the Iran Chamber of Cooperatives announced potential Justice Shares dividend payments during Government Week and noted that guidelines for share liberalization have been sent to Parliament.

  3. about 1 month ago

    [BUSINESS] 2 sources
    Iran Chamber of Cooperatives announces Justice Shares dividend schedule

    The Iran Chamber of Cooperatives announced that 1404 Justice Shares dividends will be paid in two installments, with the first portion expected by Government Week.

Sources

aftabnews.ir · etemadonline.com · khabarfoori.com · rokna.net

This summary has been updated 1 time: see revision history