NGX Group shareholders approved bonus shares and dividend payout during the company’s 65th Annual General Meeting held in Lagos, confirming key corporate resolutions for the 2025 financial year. The decisions included dividend distribution, bonus share issuance, and governance approvals.
At the meeting, NGX Group shareholders endorsed a total dividend of N3.00 per share for the financial year, comprising an interim dividend of N1.00 and a final dividend of N2.00. The payout reflects an increase compared to the previous financial year’s distribution.
The shareholders also approved a bonus share issuance of one new ordinary share for every three shares held. The qualification date for the bonus shares was set for 10 April 2026, subject to regulatory and post-AGM processes.
The AGM considered the audited financial statements for the year ended 31 December 2025. The report showed improved financial performance, which formed the basis for the dividend and capital-related approvals.
During the meeting, NGX Group shareholders approved the bonus and dividend resolutions alongside the re-election of certain board members. The Board stated that the resolutions align with its strategy to enhance shareholder value and maintain stable governance structures.
Chairman Umaru Kwairanga noted that the Group continued to strengthen its operational performance and governance standards. Management also outlined ongoing initiatives aimed at improving market participation and supporting capital market growth in Nigeria.
NGX Group shareholders approved a total dividend of N3.00 per share, representing combined interim and final payments for the 2025 financial year. This reflects the company’s reported earnings performance over the period.
The approved bonus issue of one-for-three shares is intended to increase the number of outstanding shares while maintaining overall market capitalisation. It is also expected to improve liquidity and broaden participation among investors.
NGX Group shareholders also ratified other corporate governance resolutions, including board reappointments and compliance-related matters required under listing regulations.
The approvals are expected to strengthen investor confidence in NGX Group’s financial position and corporate governance framework. The increased dividend signals improved profitability, while the bonus issuance supports broader shareholder engagement.
Market observers note that bonus shares often enhance trading activity by increasing share float and affordability for retail investors. The combination of dividend payout and bonus issuance may also support medium-term market sentiment toward the stock. The resolutions reflect broader trends in the Nigerian capital market, where listed firms continue to balance shareholder returns with reinvestment and capital structure adjustments.
