Adnoc Drilling approves a new dividend policy with 10% annual growth and $4.8bn distribution over 2024-2028.

Adnoc Drilling, the largest drilling company in the Middle East, approves a new dividend policy with an annual growth of at least 10% over the next five years. The company expects to distribute at least $4.8bn to shareholders between 2024 and 2028, with dividend payments made semi-annually. The policy aims to increase shareholder value, driven by an accelerated growth strategy.

June 25, 2024
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