WorldStage– International Breweries Plc has announced key dates for its proposed N84 billion Return of Capital to shareholders following regulatory and judicial approvals. The distribution will be executed on a pro-rata cash basis, entitling qualifying shareholders to N0.50 (Fifty Kobo) per share.
Key Corporate Action Dates
Qualification Date: September 16, 2026. Only shareholders registered in the company’s Register of Members by close of business on this date qualify for the payout.
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Closure of Register: September 17, 2026. The register will be closed to finalize the list of eligible shareholders.
Settlement Date: September 23, 2026. The cash distribution will be officially paid out to qualifying shareholders on this date.
Regulatory and Governance Approvals The distribution of N84,000,000,000 sourced from the company’s share premium account comes after securing:
Approval from the Securities and Exchange Commission (SEC)
Shareholder approval at the Annual General Meeting held on July 30, 2026
Court sanction from the Federal High Court
International Breweries Plc, a subsidiary of AB InBev listed on the Nigerian Exchange Limited (NGX), noted in its corporate disclosure signed by Company Secretary Temitope Oluwatosin that it will continue to update the market on further material developments.
