Union Coop's Board of Directors approved the 2025 financial statements, reporting a profit of AED 386.8 million before tax, remuneration, and community responsibility.
The Board proposed a total dividend distribution of AED 281.2 million, comprising a 14% cash dividend on shares (AED 244.4 million) and a 5% return on purchases (AED 36.8 million).
The Board recommended presenting a study for conversion to a Public Joint Stock Company (PJSC) to the General Assembly and relevant government entities.
The 44th General Assembly Meeting is scheduled to take place on April 7, 2026, subject to obtaining necessary regulatory approvals.