FPT's 2026 AGM attracts a record number of shareholders

FPT’s annual general meeting (AGM) for 2026 drew record participation, with more than 2,700 shareholders attending, representing over 60% of voting shares. The meeting took place on the afternoon of April 16, with shareholding verification results at 14:20 showing 2,730 participating shareholders, including 444 authorized shareholders representing more than 1 billion shares, or 60.56% of voting shares.

Record attendance at the 2026 AGM

This year’s AGM recorded the highest attendance level compared with 2025, when 2,020 shareholders participated.

Shareholding and investor base

According to FPT’s 2025 annual report, by the end of 2025 the company had over 1.7 billion shares outstanding, including 1.67 billion freely transferable shares and nearly 32 million restricted shares. The number of investors holding FPT shares by end-2025 was 127,488, higher than 58,429 at end-2024.

2026 business targets

For 2026, FPT targets revenue of VND 58,580 billion and pre-tax profit of VND 11,629 billion, implying about 15% growth (based on the new consolidated method for FPT Telecom).

By segment, the technology business remains the core, with expected revenue of VND 52,650 billion and pre-tax profit of VND 7,350 billion, up 18% and 25% respectively year-on-year.

The Education, Investment, and Other segment is expected to record revenue of VND 5,930 billion, down 3.3%, while pre-tax profit is expected to rise 1.3% to VND 4,279 billion.

AI-First strategy for 2026–2028

FPT said it defines “AI-First” as a prerequisite to break out in 2026–2028. The group aims to master the AI value chain, from AI Factory infrastructure to scaling AI education for 20 million users and training 10,000 semiconductor professionals by 2030.

Change in consolidation method for FPT Telecom

From 2026, FPT Telecom’s revenue will no longer be consolidated into FPT’s financial statements and will instead be recognized under the equity method, after the Public Security Ministry becomes a controlling shareholder. FPT stated that 2025 figures have been adjusted to ensure comparability.

As a result, FPT’s consolidated revenue will no longer include contributions from FPT Telecom, while realized profit from that unit will be recorded accordingly.

2025 results and profit distribution

In 2025, FPT reported revenue of VND 70,113 billion and pre-tax profit of VND 13,039 billion, up 11.6% and 17.8% respectively from the prior year.

For profit distribution, FPT proposed a 2025 dividend plan totaling 20% in cash, equivalent to 2,000 VND per share. The company has already advanced 10% and expects to pay the remaining portion in Q2 2026, with a total value of over VND 1,700 billion.

FPT also plans to issue bonus shares of 10%, corresponding to over 170.35 million shares, expected to be completed before Q3 2026 and raising charter capital to nearly VND 18,800 billion.

Dividend policy and ESOP plan

For 2026, FPT expects to maintain cash dividends up to 20%, continuing a policy in place since 2018. The company also proposed an ESOP issuance of not more than 0.5% of outstanding shares, to be implemented in 2027–2029, with an issue price of 10,000 VND per share and transfer restrictions for three years.