News
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
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.
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