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
TAQA 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.
A final cash dividend of 2.20 fils per share for Q4 2025 was approved, bringing the total dividend for the 2025 financial year to 4.45 fils per share (approximately AED 5 billion).
Shareholders ratified an updated dividend policy for 2026-2028, which maintains fixed and variable components and targets year-on-year growth for the fixed dividend.