Alba AGM dividend approval marks a significant milestone for Bahrain’s leading aluminium producer. Shareholders approved cash dividends of Fils 54.06 per share, totaling BD76.5 million ($202.62 million). This figure includes interim dividends of Fils 10.55 per share distributed on 27 August 2025.
The meeting was held virtually, in compliance with regulations, and included Alba’s Board of Directors, executive management, shareholders, and regulatory representatives. Shareholders reviewed and approved the previous AGM’s minutes and the Board’s report on business activities. They also endorsed the consolidated financial statements for the year ending 31 December 2025.
Additionally, the AGM authorized the Board to declare and pay interim dividends in future years, subject to profitability, solvency, and external auditor reviews. Shareholders also approved the Board’s total remuneration of BD420,000 for 2025 and transferred BD142,142,539 to retained earnings.
The meeting further confirmed key board appointments. Bahrain Mumtalakat Holding Co. appointed six directors, including Khaled Omar Al Rumaihi, Shaikh Isa bin Khalid Al Khalifa, Omar Syed, Roselyne Renel, Rasha Sabkar, and Riccardo Picca. The Saudi Arabian Mining Company (Ma’aden) appointed one director, Ahmed Al Shaikh. Moreover, shareholders elected three independent directors—Bruce Cox, Khaled Al Rowais, and Armando Martinez—for the 2026-2029 term.
A major highlight was the approval of the proposed acquisition of Aluminium Dunkerque Industries in France. Shareholders authorized the Board to execute all related agreements, financing arrangements, and guarantees, pending regulatory approvals. This acquisition expands Alba’s footprint into Europe and strengthens its geographically diversified, low-carbon aluminium platform.
Al Rumaihi expressed gratitude to the outgoing Board members for their contributions to operational excellence, financial strength, ESG leadership, and growth initiatives. He also welcomed the new directors and looked forward to advancing Alba’s strategic agenda alongside executive management.
Alba AGM dividend approval demonstrates the company’s commitment to shareholder returns, strategic growth, and international expansion. The decision reflects a strong financial position and a clear focus on long-term operational and market leadership.
