CJ CheilJedang has revised its Articles of Incorporation to determine a record date by a resolution of the Board of Directors in accordance with Financial Services Commission’s plans to improve dividend distribution procedures.
(Grounds: Article 354 of the Commercial Act, and Article 34 of the Articles of Incorporation of CJ CheilJedang)
Accordingly, the record date for FY2023 is set to be after mid-February of 2024, which is after the size of the dividend payment is decided. And the year-end dividends will be entitled to the shareholders of the record date.
Please note that the shareholders, even if they are registered as of December 31, 2023, will not be entitled to receive year-end dividends when they are not registered in the Company’s registry of shareholders as of the record date which will be disclosed at a later date.