Alpha Dhabi Holding To Adopt Three-Year Dividend Policy And Share Buyback Programme
Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the Mena region, on Monday announced the proposal of three-year dividend policy that provides for annual dividends of Dh2 billion equivalent of 20 fils per share, with an annual increase of 5% per year from financial year 2025. The dividend payment will commence after the close of each financial year, subject to approval by the Board of Directors and the company's shareholders at the General Assembly.
The proposed policy reflects Alpha Dhabi's intent to balance its rapid growth trajectory against its objective to create sustainable value for its shareholders. The dividend policy follows on from Alpha Dhabi's first dividend of Dh2 billion, equal to 20 fils per share, that was paid in December 2024.
Recommended For You Bridge Summit, Abu Dhabi: Arab actresses call for more women writers to reshape rolesAlpha Dhabi will also implement a share buyback programme of up to Dh1.0 billion, not exceeding 10% of the company's issued share capital. This will be valid from the date of Securities and Commodities Authority (SCA) approval until 31 December 2026, subject to compliance with SCA approval process and Abu Dhabi Securities Exchange (ADX) disclosure requirements.
The new three-year dividend policy and share buyback programme will take effect upon adoption by the Board and subsequent approval at the General Assembly, which will be convened in accordance with regulatory timelines. The General Assembly meeting will be held at least 30 days after the Board of Directors meeting and will be announced to shareholders at least 21 days in advance, in line with applicable regulations.
Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC, said:“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.”
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment