Daily Guardian UAEDaily Guardian UAE
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
What's On

Xbox reportedly cancels Avowed sequel to make room for a new Fallout game from the New Vegas director

July 9, 2026

Chery just made the most confident EV warranty promise I’ve ever heard, but not for a good reason

July 8, 2026

Joyalukkas’s – ‘The Joy of Summer’- get rewarding offers across the GCC.

July 8, 2026

Still waiting for a cheaper Vision Pro? New report brings bad news

July 8, 2026

The Fiat Topolino is the cutest $14,000 thing you can’t legally drive on most roads

July 8, 2026
Facebook X (Twitter) Instagram
Finance Pro
Facebook X (Twitter) Instagram
Daily Guardian UAE
Subscribe
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
Daily Guardian UAEDaily Guardian UAE
Home » IHC Launches AED 5B Share Buyback to Boost Shareholder Value
What's On

IHC Launches AED 5B Share Buyback to Boost Shareholder Value

By dailyguardian.aeJune 13, 20264 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Syed Basar Shueb, CEO of IHC, commented: “The launch of our second share buyback programme reflects both the strength of IHC’s financial position and our continued confidence in IHC’s long-term prospects. Following one of our strongest quarters to date, we remain focused on disciplined capital allocation and creating sustainable value for shareholders. As we continue to expand our portfolio and pursue strategic opportunities across key sectors and markets, we remain committed to balancing investment for future growth with attractive returns for our investors.”

  • IHC launches its second share buyback programme with an AED 1.8 billion first tranche
  • Initial purchase represents 36% of the approved AED 5 billion programme
  • Follows one of the strongest quarters in IHC’s history, with Q1 2026 revenue reaching AED 31.4 billion and profit after tax nearly doubling to AED 8.2 billion
  • Purchases to commence on 12 June 2026 in accordance with ADX trading rules

Abu Dhabi, UAE – 12 June 2026: IHC, a global investment company focused on building dynamic value networks, today announced the launch of its second share buyback programme, with an initial tranche of AED 1.8 billion allocated for the repurchase of its shares.

The tranche represents 36% of the total AED 5 billion share buyback programme approved by shareholders at IHC’s Annual General Assembly held on 16 March 2026 and disclosed on 26 March 2026. The programme reflects our continued commitment to disciplined capital allocation and long-term shareholder value creation.

The announcement follows IHC’s exceptional first-quarter 2026 results, one of the strongest quarters in IHC’s history, with revenue increasing 33.2% year-on-year to AED 31.4 billion and profit after tax rising 98.5% to AED 8.2 billion. Growth was supported by contributions across IHC’s diversified portfolio, reflecting the scale, resilience and earnings strength of the Group’s businesses.

The first tranche is scheduled to commence on 12 June 2026 and will be executed in accordance with the applicable regulations and standard trading rules of the Abu Dhabi Securities Exchange (ADX). The broader AED 5 billion programme is expected to be implemented through a series of tranches, with purchases conducted periodically within each tranche. In line with ADX requirements, details of each tranche and completed purchases will be disclosed on an ongoing basis through both ADX and IHC’s website. International Securities LLC, IHC’s appointed broker, will manage and execute purchases under the programme on behalf of IHC.

The share buyback programme forms part of IHC’s broader capital management strategy, supporting the efficient deployment of capital while maintaining the flexibility to pursue strategic growth opportunities across its diversified portfolio.

Syed Basar Shueb, CEO of IHC, commented: “The launch of our second share buyback programme reflects both the strength of IHC’s financial position and our continued confidence in IHC’s long-term prospects. Following one of our strongest quarters to date, we remain focused on disciplined capital allocation and creating sustainable value for shareholders. As we continue to expand our portfolio and pursue strategic opportunities across key sectors and markets, we remain committed to balancing investment for future growth with attractive returns for our investors.”

The share buyback programme highlights IHC’s confidence in its long-term outlook and commitment to delivering sustainable shareholder value. By maintaining a disciplined approach to capital deployment, IHC seeks to enhance capital efficiency and maintain a resilient capital structure while preserving the flexibility required to pursue strategic growth opportunities.

As IHC continues to strengthen its portfolio and expand its presence across key sectors and markets, the programme reinforces the Group’s objective of generating attractive long-term returns for shareholders while supporting its next phase of growth and value creation.

-ENDS-

About IHC:

Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world’s largest investment firms, with a market capitalization of AED 855 billion (USD 233 billion). Since then, it has transformed to represent a new generation of investors. IHC’s commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across 4 key sectors: Technology, Infrastructure, Financial Services and Consumer.

IHC looks beyond the stand-alone value of its assets for opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating opportunities that are often greater than the sum of their parts.

At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve and making a positive difference with every investment.

www.ihcuae.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Joyalukkas’s – ‘The Joy of Summer’- get rewarding offers across the GCC.

MAHE Dubai and Odoo: Bridging Education and Industry

Discover the Business in Dubai Platform by Dubai Chamber

NVIDIA’s New AI Factory Model: Unlocking Cloud Compute Access

Japanese Real Estate Giant Kasumigaseki Capital Establishes Dubai Base

KEZAD Hosts Touchdown Middle East 2026 in Abu Dhabi

Policybazaar: Flexible Payment Plans for Car & Health Insurance

Future-Ready Supply Chain: Swisslog’s Key Strategies

VinFast Appoints Prashanth Rao as Middle East CEO for EV Growth

Editors Picks

Chery just made the most confident EV warranty promise I’ve ever heard, but not for a good reason

July 8, 2026

Joyalukkas’s – ‘The Joy of Summer’- get rewarding offers across the GCC.

July 8, 2026

Still waiting for a cheaper Vision Pro? New report brings bad news

July 8, 2026

The Fiat Topolino is the cutest $14,000 thing you can’t legally drive on most roads

July 8, 2026

Subscribe to News

Get the latest UAE news and updates directly to your inbox.

Latest Posts

MAHE Dubai and Odoo: Bridging Education and Industry

July 8, 2026

Galaxy Z Flip 8 official renders reveal Samsung’s familiar foldable in three fresh colors

July 8, 2026

Discover the Business in Dubai Platform by Dubai Chamber

July 8, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian UAE. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.