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2026-09-30T18:44:00.000Z

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Emirati 'Burouj' acquires 200,000 shares

Emirati 'Burouj' acquires 200,000 shares

Borealis PLC announced the purchase of 200,000 of its own shares on September 30, 2026, at an average price of 2.362 AED per share, bringing the total shares bought to 312.85 million, or approximately 1.04% of its capital. The company still has around 438.6 million shares available for purchase pending approval from the relevant authorities. Additionally, the company announced an interim dividend of 2.41 billion AED for the first half of 2026, at a rate of 8.1 fils per share, with a target total annual dividend of 16.2 fils per share. Despite a 1.96% decline in the stock during the first half, closing at 2.60 AED, the company's market value reached approximately 76.65 billion AED.

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