Al Alamiah launches first share buyback worth 1.8B dirhams
The International Holding Company has announced the commencement of its second share buyback program valued at 1.8 billion dirhams, as part of an overall plan totaling 5 billion dirhams, aimed at improving capital efficiency and enhancing shareholder value. 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 after tax soared by 98.5% to reach 8.2 billion dirhams. The buyback operations will be carried out periodically, with continuous disclosure of details through the Abu Dhabi Securities Exchange.
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