Dangote Cement Plc, Africa’s largest cement producer, has announced that its 15th Annual General Meeting (AGM) will be held on May 27, 2025, at the Eko Hotel and Suites in Lagos.
The meeting will bring together shareholders to deliberate on critical resolutions, including the approval of a ₦30.00 per share dividend for the 2024 financial year.
The proposed dividend, if approved, will be distributed to shareholders whose names appear on the company’s register as of April 30, 2025, with payment scheduled to follow shortly after the AGM.
Key Resolutions on the Agenda
In addition to the dividend proposal, the AGM will see shareholders vote on the:
Re-election of retiring directors including Aliko Dangote, Deva Kumar Venkata, and Cherie Blair.
Appointment of new directors to the board.
Ratification of the audit committee, with nominations open to shareholders.
Authorisation of directors to fix the remuneration of external auditors.
General mandate to enable the company to engage in recurrent related party transactions.
Shareholders who wish to nominate candidates for the Statutory Audit Committee must submit their proposals to the Company Secretary no later than May 16, 2025, including detailed credentials.
E-Voting and Participation Options
In compliance with regulatory standards, Dangote Cement has also enabled e-voting and proxy participation options for shareholders who are unable to attend physically. E-voting portals will open on May 20, 2025, and close 24 hours before the meeting.
Proxy forms and detailed AGM documents are available on the company’s website at https://cement.dangote.com, while queries and completed proxy materials can be directed to the company’s registrars at eforms@coronationregistrars.com.
Strong Financial Performance
Dangote Cement’s performance in FY2024 has remained resilient amid macroeconomic challenges. The proposed ₦30.00 per share dividend reflects the company’s sustained profitability and commitment to shareholder returns.
