Companies "ADNOC" The listed intends to distribute record profits of 158 billion dirhams for the period from 2025 to 2030
Abu Dhabi, October 8/ WAM/ ADNOC announced the intention of its six listed companies to provide dividends of 158 billion dirhams (43 billion dollars) until 2030, after obtaining relevant organizational approvals.
The total value of the profits that were distributed since the first public offering of the shares of the first company was listed in 2017 until now 86 billion dirhams (23 billion dollars), while the market value of the six ADNOC companies listed in the Abu Dhabi Securities Market exceeded 550 billion dirhams (150 billion dollars), and also provided up to 40% of the total annual profit distributions in the market (according to the fiscal year data 2024).
This came during the first board of investors organized by “ADNOC” held in Abu Dhabi today and witnessed the announcement that “ADNOC Distribution” companies, “ADNOC Gas”, and “ADNOC Supply and Services” will distribute profits quarterly, knowing that “ADNOC Drilling Company” has already started distributing its profits in the quarterly, which enhances the provision of liquidity to investors and guarantees the provision of returns to the shareholders In more close periods.
“ADNOC” affirmed during the Council to continue its focus, on being one of the largest contributors to pushing the growth of the national economy in conjunction with its continuous support for the planning plans for its listed companies and integrating solutions and tools of artificial intelligence and digital transformation into its business.
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