Ooredoo Maldives Approves MVR 3.54 Dividend per Share at AGM

MV+ News Desk | March 7, 2026
A total of 353 shareholders participated in the AGM | Photo: Ooredoo Maldives

Ooredoo Maldives has approved a dividend payout of MVR 3.54 per share for the 2025 financial year, following the company’s Annual General Meeting held last Wednesday night.

The AGM took place at 21:30 hrs on 4 March 2026 at the company’s headquarters in Hulhumalé, with shareholders attending both in person and virtually through the Maldives Securities Depository Company’s online meeting platform, FahiVote.

A total of 353 shareholders participated in the meeting, including 144 attending physically and 27 proxyholders representing 209 shareholders. The meeting represented 144,202,029 shares, accounting for 98 percent of the company’s total issued shares.

During the meeting, shareholders approved several key agenda items, including the minutes of the 2025 AGM, the audited financial statements for 2025, the directors’ report, and the appointment of KPMG as the company’s external auditor for 2026, along with their remuneration.

Shareholders also approved changes to the company’s board. Fatima Sultan Al-Kuwari was re-elected and appointed to the Board of Directors to represent the majority shareholder, Wataniya International FZ-LLC.

In addition, shareholders elected Abdulla Ali as the director representing general shareholders on the board. The company thanked outgoing board member Mohamed Shahid for his contributions during his tenure.

Ooredoo Maldives said it remains focused on enhancing shareholder value, generating sustainable returns, and supporting national and community development, while continuing efforts to build a digitally empowered Maldives and provide improved services to customers.

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