Shareholders of Union Insurance Company (UNION) approved a dividend distribution for the 2025 fiscal year comprising 4% cash (AED 0.04 per share, totaling AED 9.2 million) and AED 20 million in bonus shares.
The bonus share issuance will increase the company’s total shares from 230 million to 250 million, representing a share increase of approximately 8.7%.
Important dividend dates include a last entitlement date of March 26, 2026, an ex-dividend date of March 27, 2026, and a registry closing date of March 30, 2026.
Trading of UNION shares on the Abu Dhabi Securities Exchange is scheduled to resume on March 23, 2026, following the Annual General Assembly held on March 18.
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