Remgro (REM) AGM 2024 summary
Event summary combining transcript, slides, and related documents.
AGM 2024 summary
8 Jul, 2026Opening remarks and agenda
The meeting was opened as a hybrid event, with both in-person and online participation, and a quorum was confirmed.
Voting on all resolutions was conducted electronically, with Computershare and Cliffe Dekker Hofmeyr representatives acting as scrutineers.
The agenda included 16 ordinary and 4 special resolutions, with voting open until after the Q&A session.
Board and executive committee updates
One-third of directors retired by rotation and stood for re-election, with all presenting themselves for another term.
Appointment of an alternate director to Mr. Durand was proposed and voted on.
Members of the audit and risk committee were proposed for election for the next financial year.
Shareholder proposals
Shareholders raised questions on minimum shareholding requirements for executives, with comparisons to international standards and discussion on alignment of incentives.
Questions addressed portfolio optimization, including recent disposals and the strategic value of remaining assets.
Shareholders inquired about board diversity, director tenure, and ESG-linked targets.
Latest events from Remgro
- Headline earnings per share up 38.5% to 931c, interim dividend up 80.2% to 173c.REM
H1 2026 - HEPS expected to rise 36%–41% year-over-year for the six months ended 31 December 2025.REM
H1 2026 TU - Headline earnings up 38.6% and ordinary dividend up 30.3%, with strong core growth.REM
H2 2025 - Maziv's ZAR 38.75bn deal advances with regulatory support, CapEx, and BEE commitments.REM
Investor Update - Headline earnings down 20%, dividend up 10%, with strong OUTsurance and RCL Foods results.REM
H2 2024 - Strategic focus on private assets, active management, and growth in healthcare and fibre.REM
CMD 2025 - Headline earnings up 38.7%, INAV per share up 10.3%, and dividend up 20%.REM
H1 2025