Board Resolution Approving Declaration of Final Dividend

I. Introduction

The board of directors of [YOUR COMPANY NAME], hereby acknowledges and approves the declaration of the final dividend for the fiscal year ending on the date specified in [YOUR FINANCIAL YEAR END DATE]. This document serves as an affirmation of the decision taken during our meeting held on [DATE OF MEETING], chaired by [NAME OF CHAIRPERSON], and reflects the unanimous agreement of all present members.

II. Declaration

In accordance with the powers vested in us by the articles of association of [YOUR COMPANY NAME] and the corporate governance guidelines that we uphold, we hereby declare the final dividend for the fiscal year as agreed upon. The declared value per share stands at [DIVIDEND VALUE PER SHARE], which is to be disbursed on [PAYMENT DATE] to all shareholders of record as at [RECORD DATE]. This declaration is consistent with the company’s financial position as reported in the audited financial statements for the year, which reflect a profit sufficient to support this distribution while sustaining adequate reserves for future needs.

III. Implementation

The approved final dividend shall be payable in compliance with the disbursement schedule framed by the finance department of [YOUR COMPANY NAME]. This process will be overseen by [NAME OF RESPONSIBLE OFFICER], [YOUR DEPARTMENT], to ensure accuracy in the execution of the dividend payments respecting all regulatory requirements and timelines. The finance team is tasked to coordinate with our official banking partner, [BANK NAME], to facilitate the smooth processing of transactions.

IV. Shareholder Inquiries

For any inquiries or clarification regarding the final dividend declaration, shareholders are encouraged to reach out to the investor relations department of [YOUR COMPANY NAME]. Our dedicated team is available to address any questions or concerns shareholders may have regarding dividend payments, eligibility, or related matters. Shareholders can contact us via email at [YOUR INVESTOR RELATIONS EMAIL] or by phone at [YOUR INVESTOR RELATIONS PHONE NUMBER].

V. Reporting and Transparency

As part of our commitment to transparency and accountability, [YOUR COMPANY NAME] will include detailed information on the final dividend declaration in the upcoming annual report for the fiscal year. Shareholders will have access to comprehensive financial statements, including dividend distribution details, to provide transparency on how shareholder value is being generated and distributed.

VI. Appreciation

The board of directors extends its appreciation to all shareholders for their continued trust and support in [YOUR COMPANY NAME]. We recognize that our shareholders are vital stakeholders in the success of our company, and we remain committed to delivering sustainable value and fostering long-term relationships with our investors.

VII. Conclusion

In conclusion, the declaration of the final dividend reaffirms [YOUR COMPANY NAME]'s dedication to creating value for its shareholders. We are confident that this dividend distribution reflects our strong financial performance and commitment to shareholder returns while maintaining prudent financial management practices. We look forward to continued growth and success in the future, guided by our principles of integrity, transparency, and shareholder value maximization.

VIII. Ratification and Signatures

All decisions herein confirmed are to be documented in the minutes of the meeting and preserved in the corporate records at the main office located at [YOUR COMPANY ADDRESS]. This document shall take effect immediately upon the signatures of the undersigned board members.

[YOUR NAME]
[YOUR TITLE]
[CURRENT DATE]

[NAME OF SECOND SIGNATORY]
[SECOND SIGNATORY TITLE]
[CURRENT DATE]

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