News

Ooredoo Maldives to Distribute MVR 3.43 Dividend Per Share

Ooredoo Maldives has announced that it will distribute MVR 3.43 per share as dividends from last year’s net profit, following a decision made by its Board of Directors. Shareholders on record as of...

Mohamed Hilmy

08 February 2025, 00:00

0
Ooredoo Maldives to Distribute MVR 3.43 Dividend Per Share

Ooredoo Maldives has announced that it will distribute MVR 3.43 per share as dividends from last year’s net profit, following a decision made by its Board of Directors. 

Shareholders on record as of 2 PM on February 18 will be eligible to receive the dividend, pending approval at the company’s Annual General Meeting (AGM) scheduled for March. At the AGM, shareholders will also review and vote on the audited financial statements and annual report for the previous year.

If approved, the dividend distribution will commence in March, Ooredoo confirmed. The company also stated that the audited financial statements and annual report will be publicly released before February 21.

The official notice and agenda for the AGM will be published on February 22 via the company’s website, detailing the date, time, location, agenda items, and voting procedures. Shareholders will have the option to participate in person or through a proxy to cast their votes.

Ooredoo Maldives, a leading telecommunications provider in the country, continues to demonstrate its commitment to shareholder returns through this dividend distribution.

Leave a comment

Your email will not be published

Comments are moderated. Please be respectful and constructive.

Comments

No comments yet. Be the first to comment!