NAHCO AGM 2026: Dividend, Bonus Shares & PwC Auditor Appointment
Nigerian Aviation Handling Company Plc (NAHCO) has filed resolutions passed at its 45th Annual General Meeting held electronically on 15th May 2026. The resolutions cover a final dividend declaration, a bonus share issue, a share capital increase, and a change of external auditors.
At its 45th Annual General Meeting held on 15th May 2026, Nigerian Aviation Handling Company Plc passed eleven ordinary resolutions covering several significant corporate actions for the 2025 financial year and beyond.
Shareholders approved a dividend of ₦6.25 per share for the year ended 31st December 2025, amounting to a total payout of ₦12,181,640,625.00. The company's share capital will be increased from ₦974,531,250.00 to ₦1,113,750,000.00 through the creation of 278,437,500 new ordinary shares of ₦0.50 each. These new shares will be distributed as a bonus to members on the register as at 1st May 2026, on the basis of one new share for every seven existing shares held, funded by a transfer of ₦139,218,750.00 from retained earnings or reserves.
PricewaterhouseCoopers (PwC) was appointed as the company's external auditors effective from the 2026 financial year, replacing the previous auditors. Non-executive directors' remuneration for 2026 was fixed at ₦150,000,000.00. Three directors — Mr. Abdulhamid Aliyu, Rev. Victor Abimbola Olaiya, and Mrs. Adebisi Oluwayemisi Bakare — were re-elected to the board.
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