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Pricesmart ( (PSMT) ) just unveiled an update.
On February 6, 2025, PriceSmart, Inc. held its Annual Meeting of Stockholders virtually, where several key decisions were made. The Board of Directors was re-elected, the compensation for named executive officers for fiscal year 2024 was approved, and an amendment to the 2013 Equity Incentive Award Plan was sanctioned. Additionally, Ernst & Young LLP was ratified as the company’s independent auditor for the fiscal year ending August 31, 2025. The Board declared an annual cash dividend of $1.26 per share, payable in two installments, reflecting the company’s commitment to providing shareholder value despite economic uncertainties.
More about Pricesmart
PriceSmart, Inc. operates in the retail industry, focusing primarily on membership-based warehouse clubs in Central America and the Caribbean. The company offers a wide range of products, including groceries, apparel, and electronics, targeting both individual and business members in these regions.
YTD Price Performance: -0.19%
Average Trading Volume: 193,110
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.84B
Learn more about PSMT stock on TipRanks’ Stock Analysis page.
