Lafarge Africa proposes N6 final dividend, fixes April 30 for AGM

LAFARGE Africa Plc has announced a proposed final dividend of 600 kobo per 50 kobo ordinary share for the financial year ended December 31, 2025, subject to shareholders’ approval at its forthcoming Annual General Meeting (AGM).

In a corporate action notice dated February 25, 2026, the cement manufacturer disclosed that shareholders whose names appear in the register of members at the close of business on Friday, April 3, 2026, will qualify for the dividend. Payment, after deduction of the appropriate withholding tax, is scheduled to be made electronically on Thursday, April 30, 2026.

The company said its register of members will be closed from Monday, April 6 to Friday, April 10, 2026, both dates inclusive, to determine shareholders eligible for the dividend.

According to the notice signed by Legal Director and Company Secretary, Ms Adewunmi Alode, dividends will be paid directly into the bank accounts of shareholders who have completed their e-dividend registration and mandated the registrar accordingly. Investors who are yet to enroll in the e-dividend platform have been advised to download the e-Dividend Mandate Activation Form from the registrar’s website, complete it, and submit it for processing.

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The company also urged shareholders with unclaimed dividend warrants or outstanding share certificates yet to be presented for payment or validation to contact the registrar or complete the e-dividend registration process to regularise their records.

Lafarge Africa further announced that its Annual General Meeting will hold on Thursday, April 30, 2026, at the Grand Banquet Hall, Lagos. Shareholders may attend the meeting either in person or by proxy.

CardinalStone Registrars Limited will serve as the registrar for the exercise. Lafarge Africa’s board is chaired by Mr. Gbenga Oyebode, with Mr. Lolu Alade-Akinyemi serving as group managing director/chief executive officer.

With the proposed dividend and AGM date now confirmed, shareholders are expected to review the company’s performance for the 2025 financial year and take key decisions at the April meeting.

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