Companies "ADNOC" The listed company intends to distribute record profits worth 158 billion dirhams for the period from 2025 to 2030.
Abu Dhabi, 8 October / WAM / ADNOC announced the intention of its six listed companies to provide dividends worth 158 billion dirhams ($43 billion) until 2030, after obtaining the relevant regulatory approvals.
The total value of profits distributed since the initial public offering of the shares of the first company listed in 2017 until now has reached 86 billion dirhams ($23 billion), while the market value of the six ADNOC companies listed on the Abu Dhabi Securities Market exceeded 550 billion dirhams ($150 billion), and it also provided up to 40% of the total annual dividend distributions in the market (according to data for the fiscal year 2024).
This came during the first investor council organized by “ADNOC”, which was held in Abu Dhabi today, and witnessed the announcement that the companies “ADNOC Distribution”, “ADNOC Gas”, and “ADNOC Logistics and Services” will distribute profits on a quarterly basis, noting that “ADNOC Drilling” has already begun distributing its profits on a quarterly basis, which enhances the provision of liquidity to investors and ensures the provision of returns to shareholders. At more frequent intervals.
During the council, ADNOC confirmed its continued focus on being one of the largest contributors to driving the growth of the national economy, in conjunction with its continued support for the growth plans of its listed companies and the integration of artificial intelligence and digital transformation solutions and tools into its business.
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