Table of Contents
Key Points
- Shareholders receive $3.31 per share through a flexible payout—either capital repayment or extraordinary dividend from profit reserve.
- Distribution scheduled for Sept. 5 in USD or EUR; election period ends Sept. 2; ex-dividend date set for Aug. 18.
- Backed by strong reserves, OCI’s $700 million payout reinforces its disciplined capital strategy and Sawiris’ long-term shareholder value commitment.
OCI Global, a leading producer and distributor of nitrogen and methanol products helmed by Egyptian billionaire Nassef Sawiris, has announced a combination of capital repayment and extraordinary cash dividend of $700 million to its shareholders following the approval at its recent Annual General Meeting (AGM).
The $700 million payout—equivalent to $3.31 per share—was approved at the company’s Annual General Meeting (AGM) on May 21 at the Conservatorium Hotel in Amsterdam, and comes after the lapse of the mandatory creditor opposition period on August 13.
Shareholders offered flexible payout options
Eligible shareholders can elect to receive the distribution either as a repayment of capital or as an extraordinary dividend from the profit reserve. Those who do not make a selection will automatically receive the payout as a capital repayment.
Distributions, set for September 5, will be made in U.S. dollars unless shareholders opt to receive euros. The shareholder election period runs from August 20 to September 2, with exchange rates for euro payments to be set on September 3. The ex-dividend date is August 18 and the record date is August 19.
The $700 million payout underscores OCI’s capital discipline and commitment to returning value to shareholders amid evolving market dynamics. The distribution is backed by robust reserves and a solid balance sheet, in line with OCI’s long-term capital allocation strategy.
Sawiris’ stake reinforces long-term vision
Sawiris, who owns 38.8 percent of OCI, continues to play a key role in shaping the group’s strategic direction. Under his leadership, OCI has grown into a global powerhouse with annual production capacity of 17.2 million metric tons across four continents.
The group’s portfolio spans low-carbon and hydrogen-based solutions including nitrogen fertilizers, methanol, biofuels, and industrial gases. Despite headwinds in the chemicals sector, OCI remains focused on cost discipline, operational excellence, and sustainable growth.
Sawiris, Egypt’s wealthiest individual and Africa’s fourth-richest person with a net worth of $9.12 billion, has consistently demonstrated confidence in the firm’s long-term outlook.
