Telkom finalizes special dividend declaration after Exchange Control approval

TELKOM SA SOC LIMITED (JSE:TKG) announced the finalization of its special dividend declaration, initially disclosed on June 10, 2025, as part of its annual results for the year ended March 31, 2025. Shareholders will receive a special dividend of ZAR97.82051 cents per ordinary share. This dividend is subject to local dividend withholding tax for shareholders not exempt. The announcement confirms that the previously pending Exchange Control approval has now been obtained, paving the way for the dividend distribution. The salient dates for the declaration of the Special Dividend remain unchanged as previously announced. The announcement is dated June 19, 2025. Nedbank Corporate and Investment Banking is the sponsor.