Money and business

Borouge shareholders approve dividends worth 4.85 billion dirhams for the fiscal year 2025.

Borouge PLC, a leading petrochemical company providing innovative and diversified polyolefin solutions, confirmed shareholders’ approval during the general assembly meeting held on April 7, of a final dividend for 2025 amounting to 4.85 billion dirhams ($1.32 billion), confirming the company’s strong operating performance and record sales volume.

The value of the final payment of cash dividends approved by shareholders for the year 2025 amounted to about 2.42 billion dirhams ($658 million) (8.1 fils per share), bringing the total distributions for the year to 4.85 billion dirhams ($1.32 billion) (16.2 fils per share). Dividends are scheduled to be distributed on or around May 7, 2026, to all registered shareholders on April 17, 2026.
Taking into account these dividends, the total that Borouge PLC has distributed reaches 17.96 billion dirhams ($4.89 billion) since its listing on the Abu Dhabi Securities Market, which is one of the largest dividend rates on the Abu Dhabi Securities Market during this period.

On this occasion, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director and CEO of ADNOC and its group of companies, Executive Chairman of the Board of Directors of XRG, and Chairman of the Board of Directors of Borouge PLC, said: “Borouge continues to consolidate its leading position as the most profitable company globally in the polyolefin sector, supported by its strong financial position and the solidity of its business model. Based on these pillars of strength, the company continues to implement its growth strategy through “Borouge International.” This supports its transformation into a leading global company in the polyolefin sector, by combining technological leadership, increasing cost efficiency, and expanding the scope of its operations across major markets in North America, the Middle East, and Europe. These capabilities contribute to enhancing the company’s strength and solidity, raising its readiness to deal with market cycles, and achieving sustainable value for shareholders.”

On March 31, 2026, “XRG” and “OMV” announced the successful completion of the deals to establish “Borouge International Group” through the merger of “Borouge PLC” and “Borealis” companies, and the new group’s acquisition of “Nova Chemicals”, becoming the world’s leading company in the field of polyolefin.

For his part, Hazim Sultan Al Suwaidi, CEO of Borouge PLC, said: “Borouge achieved a strong performance during the year 2025, confirming the solidity of its business model in a global polyolefin market that is witnessing many changes. We continued to strengthen the company’s leadership position through efficiency in cost management and the ability to achieve stable performance across various economic cycles. With the beginning of a new phase of growth through “Borouge International,” we continue our focus on enhancing value for our shareholders by providing specialized and high-quality products. margin, and maintaining strong price premiums across our portfolio.”

It is expected that the timing of the proposed share exchange offer, under which Borouge PLC shares will transfer to Borouge International shares, will coincide with the expected increase in the new company’s capital, with the aim of creating and enhancing value for all shareholders. The share swap offer is expected to be launched in 2027, subject to market conditions and the approval of the UAE Capital Market Authority. Until then, Borouge International will be privately owned (unlisted private company), while Borouge PLC shares will remain listed on the Abu Dhabi Stock Exchange. Borouge PLC shareholders are also expected to benefit from the commitment to a targeted annual dividend of 16.2 fils per share, which Borouge International Group AG will maintain after completing the proposed share swap offer.

“Buruj 4”
Borouge PLC, pursuant to a new agreement with ADNOC and OMV (the “Agreement”), has obtained the right to fully operate and market the quantities produced by the “Borouge 4” complex. It is expected to achieve cumulative net profits estimated at 1.47 billion dirhams ($400 million), meaning an average increase in profits of approximately 10% annually for Borouge PLC during the next three years after full operation. The financial results are subject to market and operational factors. And organizational.

Market updates
Borouge PLC confirms that it is constantly monitoring current regional developments, and is working in coordination with the competent authorities in the UAE, to ensure the protection of its personnel and facilities and the continuity of its operations. Operations are currently proceeding normally, with the company maintaining its operational and financial solidity, and the company has not witnessed any material impact on the business, liquidity, or financial position. The approved business continuity plans were also activated, supported by the rapid and highly professional response of the work teams and partners. Borouge will continue to monitor developments, with a commitment to announcing any material developments in a timely manner.

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