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اقتصاد سكاي نيوز عربية
Al-Alamia Holding starts share repurchase
The International Holding Company announced the launch of its second share repurchase program valued at 5 billion dirhams, starting with the first tranche of 1.8 billion dirhams, aimed at enhancing value for shareholders. This comes after strong financial results in the first quarter of 2026, where revenues increased by 33.2% to 31.4 billion dirhams, and net profit surged by 98.5% to 8.2 billion dirhams, reflecting robust performance across the company's diversified portfolio. The buyback will be carried out periodically according to the scheduled plan, under the supervision of International Securities, with the goal of supporting its capital management strategy and achieving long-term returns for shareholders.
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