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Home Markets Equities Company Results

Dangote Cement Plc to hold AGM on May 26th

Chidi Emenike by Chidi Emenike
April 22, 2021
in Company Results, Markets
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The Board of Dangote Cement Plc has announced that it will host its Annual General Meeting on the 26th of May, 2021.

This is according to a notification signed by the company’s secretary, Mahmud Kazaure and seen by Nairametrics. Sequel to this, the following issues will be discussed;

  • The audited financial statement for the year ended December 31, 2020, and the report of its Directors, auditor, and the audit committee.
  • The firm’s proposed dividend will be considered and officially declared.
  • Board appointments will also be considered and ratified.
  • To fix remuneration of managers and Directors in FY 2021.
  • To elect shareholders’ representatives of the statutory audit committee.

What you should know:

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  • Dangote Cement Plc had earlier reported a profit after tax of N276.07 billion in FY 2020.
  • In line with CAC guidelines, attendance at the AGM will be by proxy. Sequel to this, a list comprising of eight (8) representatives authorized to represent shareholders, have been made available.
  • If approved, dividends are expected to be paid to qualified shareholders on 27th of May, 2021.
  • The Annual General Meeting will be streamed live from the company’s website (https://www.dangotecement.com) or (https://www.youtube.com/dangotegroup).

For more information about the AGM, click HERE.


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Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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