Transnational Corporation Announces Substantial Dividend for Shareholders
Transnational Corporation Plc, a prominent player in Africa’s business landscape with significant investments in power, hospitality, and energy, has declared a total dividend of N20,323,995,148 for its shareholders. This equates to N2.00 per share, an announcement made during its 20th Annual General Meeting (AGM) at the newly inaugurated Transcorp Center in Abuja.
Breakdown of Dividend Distribution
The total declared dividend comprises an interim payment of N4,064,799,030, which is approximately 40 kobo per share, disbursed in August 2025. This is complemented by a final dividend of N16,259,196,118, translating to N1.60 per share.
Shareholder Approval and Financial Performance
During the AGM, shareholders approved the audited financial statements for the fiscal year ending December 31, 2025. Tony O. Elumelu, Chairman of the Transcorp Group, reaffirmed the company’s dedication to sustainable long-term value creation. Shareholders expressed their approval of the company’s robust performance and the effectiveness of its management team.
Impressive Year-on-Year Growth Metrics
As of May 7, 2026, Transcorp Group, boasting a market capitalization of N4.78 trillion ($3.52 billion), reported significant year-on-year growth across all key financial metrics. Revenue surged by 33% to N544 billion, up from N408 billion in 2024. Pre-tax profit climbed by 31% to N179.5 billion, compared to N136.7 billion in the previous fiscal year, while profit after tax increased by an impressive 44% to N135.9 billion, up from N94.1 billion in FY 2024.
Commitment to Corporate Governance
Elumelu emphasized the corporation’s focus on solid corporate governance and disciplined execution of strategic priorities. He noted that despite facing a challenging macroeconomic environment, Transcorp benefits from its diversified portfolio, which has been crucial in maintaining its financial resilience in 2025.
Strategic Vision and Industry Challenges
Owen D. Omogiafo, President and Group CEO of Transcorp Plc, highlighted that FY2025 was characterized by a commitment to disciplined execution and strategic resolve. He addressed Nigeria’s ongoing energy crisis, noting that the disparity between demand and supply remains significant. Omogiafo reiterated the company’s relentless efforts to bridge this gap and deliver value to a broader audience. He also pointed to the new 5,000-seat Transcorp Center as evidence of the company’s disciplined execution, promising more developments in the coming years.
Shareholder Testimonials on Company Performance
Shareholder Mr. EO Obidei commended Transcorp’s management and staff for their consistent performance, extending his gratitude to the board of directors for their effective leadership. Another shareholder, Moses Iglood, expressed appreciation for the vision that has driven Transcorp’s success. He praised the achievements under Tony Elumelu’s leadership, underscoring the tangible rewards of the company’s commitment to “improving lives and transforming Africa.”
