AI English summary of an SEC filing — figures as filed
Garmin GRMNThe company said its shareholders approved at the annual general meeting on June 6, 2025 a cash dividend of $3.60 per share out of the reserve from capital contribution, payable in 4 equal installments. The vote was 145,224,071 for and 93,845 against.
Key points
AI summaryThe company said its shareholders approved at the annual general meeting on June 6, 2025 a cash dividend of $3.60 per share out of the reserve from capital contribution, payable in 4 equal installments. The vote was 145,224,071 for and 93,845 against.
The company said the board has set the first installment of $0.90 per share for payment on June 27, 2025 to shareholders of record on June 16. It said the remaining three installments are each $0.90 per share and are currently expected to be paid on September 26, 2025, December 26 and March 27, 2026.
The company said shareholders re-elected 6 directors to serve until the completion of the 2026 annual general meeting. The re-election of Min H. Kao as director received 127,069,208 votes for and 4,633,036 against, and the re-election of Min H. Kao as Executive Chairman received 122,034,072 votes for and 9,673,619 against.
The company said shareholders approved renewing its existing capital band, which gives the board authority to issue new shares, cancel shares or reduce the nominal value of shares, for a one-year period ending on June 5, 2026, with 141,936,203 votes for and 3,446,090 against, and 1 year. It also said the maximum aggregate compensation for Executive Management for fiscal 2026 was approved with 126,949,356 votes for and 4,538,328 against.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Garmin Approves $3.60 Cash Dividend in 4 Installments
The company said its shareholders approved at the annual general meeting on June 6, 2025 a cash dividend of $3.60 per share out of the reserve from capital contribution, payable in 4 equal installments. The vote was 145,224,071 for and 93,845 against.
Source · Based on the filing body and exhibits
Dividend Payment and Record Dates by Installment $0.90
The company said the board has set the first installment of $0.90 per share for payment on June 27, 2025 to shareholders of record on June 16. It said the remaining three installments are each $0.90 per share and are currently expected to be paid on September 26, 2025, December 26 and March 27, 2026.
Source · Based on the filing body and exhibits
Re-election of 6 Directors and Min H. Kao as Executive Chairman
The company said shareholders re-elected 6 directors to serve until the completion of the 2026 annual general meeting. The re-election of Min H. Kao as director received 127,069,208 votes for and 4,633,036 against, and the re-election of Min H. Kao as Executive Chairman received 122,034,072 votes for and 9,673,619 against.
Source · Based on the filing body and exhibits
Capital Band Renewal and Executive Compensation Cap Approved
The company said shareholders approved renewing its existing capital band, which gives the board authority to issue new shares, cancel shares or reduce the nominal value of shares, for a one-year period ending on June 5, 2026, with 141,936,203 votes for and 3,446,090 against, and 1 year. It also said the maximum aggregate compensation for Executive Management for fiscal 2026 was approved with 126,949,356 votes for and 4,538,328 against.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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