LogProstyle Announces Approval Of $0.023 Cash Dividend At The 2025 Annual General Meeting Of Shareholders

Author: Benzinga Newsdesk | July 07, 2025 07:34am

Cash Dividend of USD $543 Thousand, or USD $0.023 Per Share

LogProstyle Inc. (NYSE:LGPS) (the "Company" or "LogProstyle"), headquartered in Minato-ku, Tokyo, Japan, announced today that all matters presented at its Annual General Meeting of Shareholders ("AGM") held on June 30, 2025 were approved. A total of 18,724,644 shares were represented at the AGM, in person or by proxy, indicating 79.17% participation of shareholders eligible to vote.

In particular, the shareholders approved:

Distribution of Cash Dividend

Shareholders approved the distribution of a cash dividend of USD $0.023 per share, or USD $543,454 in aggregate. The cash dividend is payable on August 5, 2025, to LogProstyle's holders of record at the close of business on July 7, 2025, with the ex-dividend date of the same day. The approval of the dividend underscores the Company's ongoing commitment to disciplined capital allocation and continuous focus on delivering long-term sustainable growth.

Shareholders also approved:

• Non-Consolidated Financial Statements for the 8th Fiscal Year (April 1, 2024 to March 31, 2025);
• Amendments to the Articles of Incorporation;
• Election of Ten (10) Directors;
• Election of KSM & Partners Audit Corporation as its Accounting Auditor; and
• Establishment of a Performance Share Plan with Post-Vesting Delivery and Approval of Remuneration Thereunder for Directors (excluding Independent Directors), Executive Officers, and Directors of Subsidiaries

The full vote results will be filed in a report with the Securities and Exchange Commission and posted on the Investor Relations section on the Company's website.

Posted In: LGPS