Alpha Dhabi Holding Introduces Three-Year Dividend Policy And Share Buyback Programme For Shareholders

Alpha Dhabi Holding PJSC, a prominent investment holding company in the MENA region, has announced a new dividend policy. The company, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi), plans to distribute annual dividends of AED 2 billion, equivalent to 20 fils per share. Starting from the financial year 2025, this amount will increase by 5% annually.

The dividend payments will commence after each financial year ends, pending approval from the Board of Directors and shareholders at the General Assembly. This policy aims to balance Alpha Dhabi's rapid growth with its goal of creating sustainable value for shareholders. The company had previously distributed its first dividend of AED 2 billion in December 2024.

In addition to the dividend policy, Alpha Dhabi plans a share buyback programme worth up to AED 1 billion. This programme will not exceed 10% of the company's issued share capital. It will be valid from the date of approval by the Securities and Commodities Authority (SCA) until 31 December 2026, subject to compliance with SCA and ADX disclosure requirements.

The new dividend policy and share buyback programme will be implemented once approved by the Board and subsequently at the General Assembly. The General Assembly meeting must occur at least 30 days after the Board meeting and be announced to shareholders at least 21 days in advance, following regulatory guidelines.

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."

Future Growth Prospects

Al Ameri expressed confidence in Alpha Dhabi's current business operations due to predictable cash flow and robust capital allocation. He highlighted optimism about future growth prospects both domestically and internationally. The company aims to pursue opportunities that ensure long-term success for people and places alike.

Alpha Dhabi will disclose its approved shareholder dividend policy on ADX and SCA platforms in compliance with all necessary regulations. This transparency ensures that all stakeholders are informed about the company's financial strategies.

With inputs from WAM