Business
Borouge shareholders approve $1.32bln FY 2025 dividend
Borouge shareholders approve $1.32bln FY 2025 dividend
About this update from Borouge Plc
MAABU DHABI: Borouge Plc confirms shareholder approval at its 7th April General Assembly Meeting of a final 2025 dividend of $1.32 billion, reflecting the Company’s strong operational performance and record sales.The final shareholder-approved dividend payment for 2025 amounts to $658 million (8.1 fils per share), bringing the total 2025 dividend to approximately $1.32 billion (16.2 fils per share). The dividend will be paid on or around 7th May 2026 to all shareholders of record as of 17 April 2026. Including this dividend, Borouge Plc will have distributed $4.89 billion in dividends since listing, one of the largest payout levels on the Abu Dhabi Securities Exchange (ADX) over this period.Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Executive Chairman of XRG, and Chairman of Borouge Plc, said, “Demonstrating strong market resilience, Borouge Plc continues to lead the industry as the world’s most profitable polyolefins company, supported by its robust financial position. Building on this strength, the Company is advancing its transformative growth journey through Borouge International. We are evolving into a global polyolefins powerhouse, combining technology leadership, cost efficiency and expanded scale across North America, the Middle East, and Europe. Together, these advantages will make us stronger, more resilient, and better positioned to navigate market cycles while delivering sustained value to our shareholders.”On 31st March 2026, XRG and OMV successfully completed the combination of Borouge Plc and Borealis GmbH (Borealis) into Borouge Group International AG (Borouge International), and the acquisition of NOVA Chemicals Corporation (NOVA), creating the world's leading pure-play polyolefins company.Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, said, “Borouge Plc delivered a strong and resilient performance in 2025, reaffirming the strength of our operating model in a dynamic global polyolefins market. We reinforced our leading cost position and our ability to deliver consistent performance across the cycle. As we enter an exciting new phase of growth under Borouge International, we remain focused on driving value for our shareholders through high-margin, differentiated products and sustaining strong pricing premia across our portfolio.”The timing of the proposed t...