ADNOC Gas Shareholders approve 325 billion dividend for 2023

ADNOC Gas Shareholders approve 325 billion dividend for 2023- ADNOC Gas plc and its subsidiaries, held its first Annual General Meeting (AGM) since its landmark initial public offering (IPO) in March 2023.During the AGM – chaired by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of ADNOC Gas – shareholders approved the Board of Director's proposal to distribute a robust full-year 2023 dividend of $3.25 billion.An inaugural interim cash dividend of $1.625 billion was paid in December 2023, with a further $1.625 billion scheduled for distribution in the second quarter of 2024.Dr. Al Jaber said, “ADNOC Gas recorded…

Source: emirates247.com