IHC has started a AED 1.8 billion share buyback tranche. The move marks the launch of its second share repurchase programme, which the group approved at its Annual General Assembly on 16 March 2026 and disclosed on 26 March 2026.
The first tranche accounts for 36% of the total AED 5 billion buyback authorisation. IHC will buy back shares in line with the Abu Dhabi Securities Exchange (ADX) trading rules, with purchases set to begin on 12 June 2026.
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.
— Syed Basar Shueb, CEO, IHC
Quarter 1 2026 delivered one of the strongest results in IHC’s history. Revenue rose 33.2% year‑on‑year to AED 31.4 billion, while profit after tax climbed 98.5% to AED 8.2 billion.
Those figures underscore the resilience of IHC’s diversified portfolio, which spans multiple sectors and markets. The robust earnings base gives the company flexibility to fund growth initiatives while returning value to shareholders.
Share‑buyback mechanics
International Securities LLC, appointed as IHC’s broker, will manage and execute the repurchases. Each tranche will be carried out periodically, with details of completed purchases posted on both the ADX platform and IHC’s website.
The broader AED 5 billion programme will be rolled out through a series of tranches, allowing the company to align capital deployment with market conditions and strategic priorities.
Outlook and next steps
IHC’s leadership says the buyback forms part of a disciplined capital‑allocation strategy. By returning cash to investors now, the group aims to balance immediate shareholder returns with the capacity to pursue future growth opportunities.
While the first tranche begins on 12 June, the company will continue to monitor performance and market dynamics before scheduling subsequent purchases. This approach reflects a commitment to sustainable value creation for both shareholders and the broader business ecosystem.
Frequently asked questions
When does IHC start its AED 1.8 billion share buyback?
The first tranche purchases are scheduled to begin on 12 June 2026, following ADX trading rules.
How much of the AED 5 billion buyback programme does the first tranche represent?
The initial AED 1.8 billion tranche accounts for 36% of the total AED 5 billion share‑buyback authorisation.
What were IHC’s Q1 2026 revenue and profit after tax figures?
IHC reported revenue of AED 31.4 billion and profit after tax of AED 8.2 billion in the first quarter of 2026.
Which broker is executing IHC’s share repurchase?
International Securities LLC has been appointed as IHC’s broker to manage and execute the share‑buyback transactions.
