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The General Assembly of Sharjah Coop has approved a total dividend distribution of 20 percent for the financial year 2025, including a 10 percent cash dividend on share capital and a 10 percent cash return on shareholders’ purchases, reflecting the cooperative’s continued strong performance and commitment to delivering sustainable value to its members.
The Board of Directors of Sharjah Coop expressed its sincere thanks and appreciation to Sultan bin Muhammad Al-Qasimi, Member of the Supreme Council and Ruler of Sharjah, and to Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, for their continuous support and close follow-up of the cooperative’s journey and the development of the cooperative sector in the Emirate.
During the annual general meeting for the financial year ended December 31, 2025, shareholders approved the Board of Directors’ report for 2025, ratified the audited financial statements for the year ended December 31, 2025, and endorsed the balance sheet as well as the profit and loss accounts for the same period.
The General Assembly also approved, by majority vote, the distribution of a 10 percent cash return on shareholders’ purchases and a 10 percent cash dividend on shares, with dividends to be distributed before Eid Al-Fitr. In addition, the Assembly discharged the members of the Board of Directors and the auditors from liability for their management of Sharjah Coop during 2025 and authorized the Board to appoint the external auditor for the 2025 financial year.