International Breweries Plc, the Nigerian brewing subsidiary of Anheuser-Busch InBev (AB InBev), has announced the qualification and settlement dates for an ₦84 billion ($56.3 million) cash distribution to shareholders as part of a capital reconstruction exercise.
According to a corporate actions disclosure filed with the Nigerian Exchange (NGX) on September 14, 2026, qualifying shareholders will receive ₦0.50 (Fifty Kobo) per share on a pro-rata basis.
The Qualification Date for the Return of Capital shall be September 16, 2026. Only shareholders whose names appear in the Register of Members of the Company as at the close of business on that date shall be entitled to the Return of Capital (“Qualifying Shareholders”).
“This announcement is made further to the approval of the Securities and Exchange Commission, the approval obtained from shareholders at the Annual General Meeting held on July 30, 2026 and subsequent sanction of the Federal High Court that the sum of ₦84,000,000,000 from the Company’s share premium account be distributed to shareholders as a Return of Capital on a pro rata cash basis. Each qualifying shareholder will be entitled to ₦0.50k (Fifty Kobo) per share,” International Breweries said.
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