secwatch.observer — SEC 8-K summary
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Issuer:     PRICESMART INC (PSMT)
CIK:        0001041803
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001041803-25-000011
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PriceSmart declares $1.26 annual dividend; shareholders approve 750k share increase to equity plan
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- Declared annual cash dividend of $1.26 per share, payable in two installments of $0.63 on Feb 28 and Aug 29, 2025.
- Stockholders approved amendment to 2013 equity plan, increasing shares available by 750,000 to 3,531,818 total.
- All 11 director nominees were re-elected at the annual meeting with strong shareholder support.
- Advisory say-on-pay vote for fiscal 2024 executive compensation passed with 28.1M votes for (99.3% of votes cast).
- Ernst & Young LLP ratified as independent auditor for fiscal year 2025 with 28.8M votes for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041803/000104180325000011/0001041803-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041803/000104180325000011/psmt-20250206.htm
  HTML page:      https://secwatch.observer/filing/0001041803-25-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer