Alpha Dhabi Holding PJSC has announced a proposed three-year dividend policy and a share buyback programme. The company plans to provide annual dividends of AED 2 billion, equivalent to 20 fils per share, with an annual increase of 5% starting from the financial year 2025. Dividend payments will begin after the close of each financial year, subject to approval by both the Board of Directors and shareholders at the General Assembly.
The new policy is intended to balance Alpha Dhabi’s growth ambitions with its goal of creating sustainable value for shareholders. This follows Alpha Dhabi’s first dividend payment of AED 2 billion in December 2024.
In addition to the dividend policy, Alpha Dhabi intends to implement a share buyback programme valued at up to AED 1.0 billion, not exceeding 10% of the company’s issued share capital. The buyback will be valid from the date it receives approval from the Securities and Commodities Authority (SCA) until December 31, 2026. The programme is subject to compliance with SCA approval processes and Abu Dhabi Securities Exchange (ADX) disclosure requirements.
The three-year dividend policy and share buyback programme will come into effect after adoption by the Board and subsequent approval at the General Assembly. The General Assembly meeting will be scheduled at least 30 days after the Board meeting and announced to shareholders at least 21 days in advance as required by regulations.
Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC, stated: “Alpha Dhabi’s mission is to create deep, meaningful value in economies and communities wherever and whenever we operate. Equally, we are also committed to delivering exceptional shareholder value, which is why our three-year dividend policy rewards our shareholders for being an integral part of our growth journey. This decision is based on our confidence in our current business, including our predictable cash flow position, robust capital allocation as well as our optimism in our future growth prospects. At Alpha Dhabi Holding, our aim is to continue targeting value-accretive opportunities at home and abroad that bring long-term success for both people and places.”
Alpha Dhabi has said it will disclose its approved shareholder dividend policy on ADX and SCA platforms in accordance with regulatory requirements.
