Transcorp Power Plc has announced the approval of a final dividend of N3.50 per ordinary share, recommended by its directors for the fiscal year ending December 31, 2024.
This approval was made at the 12th Annual General Meeting (AGM) on February 25, 2025, and was detailed in a disclosure published on the Nigerian Exchange (NGX) the following day, signed by the company secretary, Atinuke Kolade.
During the meeting, the remuneration for Directors for the year ending December 31, 2025, was established at N50 million for each Non-Executive Director, while the Chairman’s remuneration was set at N75 million, effective from January 1, 2025.