During the Annual General Meeting (AGM) of e&, held on Tuesday, the shareholders approved the distribution of cash dividends recommended by the Board of Directors for the second half of 2022 at a value of AED 0.4 per share.
The approval of this dividend demonstrates the Group’s commitment to delivering value to its shareholders, with the total annual dividend per share reaching AED 0.8. In addition to approving the dividend, the AGM allowed shareholders to review the Group’s performance, ask questions, and provide feedback.
During the meeting, the board of e& praised the company for its remarkable performance in 2022, which is a testament to the Group’s successful transformation as a global technology and investment entity, according to Khaleej Times.
H.E. Jassem Mohamed Bu Ataba Alzaabi, the Chairman of e&, expressed gratitude to the board members for their support and reaffirmed the company’s dedication to serving customers and generating long-term shareholder value, while also striving to make positive contributions to the communities it serves.
Alzaabi further stated that e& is confident in its ability to achieve even greater success as it enters the next phase of its journey, creating an environment of endless possibilities founded on strong principles, smart connectivity, and fruitful collaborative opportunities.
