BUA Group marked a significant milestone last Thursday, September 11, 2025, as it successfully held its 4th Annual General Meeting (AGM), a gathering that reflected not only on achievements of the past year but also reaffirmed the Group’s vision for sustainable and inclusive growth. Continue reading..
The event, which brought together shareholders, executives, and stakeholders, was a celebration of resilience and excellence, as BUA reported remarkable financial results for the year ended December 31, 2024.
The Group posted a profit after tax of ₦265.9 billion, a testament to its operational strength, strategic investments, and ability to thrive despite global and domestic challenges.
In a move that underscores BUA’s unwavering commitment to creating long term value for its shareholders, the Board approved a dividend of ₦13.00 per share representing a 136% increase compared to the ₦5.50 declared in the previous year. This significant rise in shareholder returns highlights the company’s consistent pursuit of growth and profitability.
Speaking at the AGM, BUA Group’s Chairman, Abdul Samad Rabiu, CFR, CON, expressed confidence in the company’s trajectory, stating:
As we navigate an evolving business landscape, we remain confident in our ability to seize opportunities, manage risks, and drive long-term sustainable growth.”
Rabiu reaffirmed the Group’s dedication to innovation, efficiency, and value creation across all its business lines, noting that resilience and adaptability remain core pillars of BUA’s success story.
The 4th AGM further reinforced BUA’s position as one of Nigeria’s most dynamic conglomerates, driven by a strong vision to build enduring prosperity for shareholders, stakeholders, and communities.