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الاقتصادية
Emirati Burouj Buys 400,000 Shares
Brooge Petroleum & Gas Trading Limited purchased 400,000 of its own shares during the trading session on September 23, 2026, representing approximately 0.0013% of the issued share capital. As a result, the total number of shares owned by the company increased to 310.147 million, which constitutes 1.0318% of the share capital. The acquisition was conducted at an average price of 2.372 AED per share and was executed through Al Ramez Capital LLC. The company approved this buyback in a decision made by the Board of Directors on April 7, 2025, with the approval of the competent authority. Additionally, the company announced an interim dividend distribution of 2.41 billion AED for the first half of 2026, amounting to 8.1 fils per share. The company aims to distribute a total of 16.2 fils per share for the year 2026, representing a potential yield of approximately 6.7%. To date, the company has distributed around 18 billion AED since its initial public offering in June 2022.
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