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ARTICLE · 11 JUNE 2025

BOV Holds 51st Annual General Meeting

Finance Malta
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During Bank of Valletta's 51st Annual General Meeting, BOV shareholders approved a record dividend payout, a share buyback programme, and a bonus share issue.

MaltaFinance and Banking
Finance Malta
Finance Malta
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RESOLUTIONS TO STRENGTHEN SHAREHOLDER VALUE WERE ALL APPROVED BY THE SHAREHOLDERS.

During Bank of Valletta's 51st Annual General Meeting, BOV shareholders approved a record dividend payout, a share buyback programme, and a bonus share issue.

The Bank's Chairperson Dr Gordon Cordina and CEO Kenneth Farrugia addressed the shareholders present, highlighting the Bank's positive performance for 2024 and outlined the Group's plans for the coming year. At the meeting, shareholders approved:

  • a record gross dividend payout of €0.2238 per share for the Financial Year 2024, totalling €130.7 million. This dividend is the highest in the past ten years;
  • a Share Buyback Programme that could involve buying up to 2,800,000 shares (pre-bonus issue) from shareholders to enhance trading liquidity. Further information on this program, which is still subject to regulatory approval, will be issued by the Bank over the coming months; and

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