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Ace Hardware Wants to Divide Dividends of IDR 550.42 Billion, Record the Schedule : Okezone Economy

JAKARTAPT Ace Hardware Indonesia Tbk (ACES) plans to distribute cash dividends for the 2020 financial year of Rp550.42 billion. This dividend distribution is in accordance with the results of the Annual General Meeting of Shareholders (AGMS) on June 9, 2021.

Quoted from the information disclosure of the Indonesia Stock Exchange (IDX), Saturday (12/6/2021), ACES will distribute dividends of Rp. 32.15 per share with financial data as of December 31, 2020 that underlies the distribution of dividends. Meanwhile, the remaining balance from net profit in 2020 will be included as retained earnings.

Also Read: Sued for Bankruptcy Again, Here’s Ace Hardware’s Reaction

“Distribution of cash dividends of Rp 32.15 per share or representing 75 percent of earnings per share in 2020 which will be paid to shareholders whose names are recorded in the Company’s Register of Shareholders on June 21, 2021 until 16.00 WIB,” read the statement ACES official.

Also Read: Sluggish Sales, Ace Hardware Profits Down 27.9% in 2020

For shares that have been registered in Collective Custody with KSEI, the Company will pay dividends to Shareholders in accordance with the detailed data of entitled Shareholders received from KSEI by the Company, and withholding taxes in accordance with applicable regulations.

Tax on dividends will be calculated in accordance with the applicable tax provisions and the payment will be made no later than July 9, 2021.

The following is the ACES cash dividend distribution schedule:

– Cum dividend in the Regular and Negotiated Market on 17 June 2021.

– Ex dividend in the Regular and Negotiated Market on June 18, 2021.

– Cum dividend in the Cash Market on June 21, 2021.

– Ex dividend in the Cash Market on June 22, 2021.

– Cash dividend payment on July 9, 2021.

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