BUA Foods Plc has proposed a dividend payout of ₦28 per share to shareholders following its 2025 financial year performance.
The proposed dividend, which is subject to shareholder approval at the company’s Annual General Meeting scheduled for July 15 in Abuja, will be paid to shareholders whose names appear on the register by June 4, according to a notice signed by Company Secretary Oluseye Alayande.
The food manufacturing giant said the register of members and transfer books would be closed from June 5 to June 11 to update shareholder records ahead of the payout.
The AGM will also consider the re-election of founder and chairman Abdul Samad Rabiu and director Oluyemisi Lowo-Adesola, who are retiring by rotation.
Shareholders will further vote on the remuneration of non-executive directors for the 2026 financial year and elect members of the statutory audit committee.
The company said the meeting would be streamed live for shareholders unable to attend physically.
BUA Foods is one of Nigeria’s largest food manufacturing companies with operations spanning sugar, flour, pasta, and rice production.
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