TAQA Shareholders Elect New Board of Directors; Board appoints H.E. Jassem Mohammed Bu Ataba Al Zaabi as Chairman | premargin
TAQA Shareholders Elect New Board of Directors; Board appoints H.E. Jassem Mohammed Bu Ataba Al Zaabi as Chairman
·ADX·General Disclosure | General Press Release·March 13, 2026·View on exchange
AI Summary
Shareholders elected a new 11-member Board of Directors for a three-year term, appointing H.E. Jassem Mohammed Bu Ataba Al Zaabi as Chairman and H.E. Dr. Sultan Ahmed Al Jaber as Vice Chairman.
Approved a final cash dividend of 2.20 fils per share for Q4 2025, bringing the total FY 2025 dividend to 4.45 fils per share, equivalent to approximately AED 5 billion.
Ratified an updated dividend policy for the 2026-2028 period, which includes a fixed dividend component expected to grow annually alongside a variable component.