Talabat proposes share buyback program on DFM
Updated 3/16/2026 9:17:00 AMArab Finance: Talabat Holding’s board has recommended a share buyback program of up to 5% of the company’s issued share capital, according to a press release.
The program will be executed over two years from the date of shareholder approval. It supports the group’s strategic investments to boost future growth as well as its ongoing dividend policy.
If approved, the buyback will be executed through open-market transactions on the Dubai Financial Market (DFM) in accordance with the applicable regulations and under the oversight of the Board of Directors.
The program is expected to be funded from the company’s existing cash resources and ongoing free cash flow generation.
Meanwhile, the actual number of shares repurchased will depend on market conditions, prevailing share price levels, available liquidity, and other relevant factors, and there can be no assurance that the full 5% will be acquired.
At the annual general meeting (AGM), the shareholders will also be asked to vote on the final dividend of $219 million (3.450 fils per share) for the second half of (H2) 2025.
This brings full-year dividends to $421 million (6.638 fils per share) and cumulative dividends since IPO to $531 million (8.373 fils per share).
Toon Gyssels, CEO of talabat, commented: “This share buyback program reflects our confidence in talabat’s future and our belief that the current market valuation and share price do not fully reflect the long-term strength of our platform."
“The buyback, combined with our dividend policy, underscores our commitment to delivering attractive total returns to shareholders while continuing to invest strategically in the growth of our food, grocery and retail categories,” he added
On a separate note, the board has mandated management to appoint a liquidity provider for the company’s shares on the DFM.
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