Burjeel Holdings announces 10% Share Buyback

UAE—Burjeel Holdings PLC, located in the UAE, has announced that its Board of Directors has authorized management to investigate a share buyback program, highlighting its commitment to long-term growth and increasing shareholder value.

The company plans to repurchase up to 10% of its outstanding shares, pending approval from both regulators and shareholders.

This initiative is timely, as the Group is currently experiencing strong momentum. It showcases the board’s confidence in the organization’s solid mid- to long-term growth prospects.

By launching this buyback program, Burjeel Holdings aims to optimize its capital structure while directly benefiting its investors.

This decision is in line with the company’s broader strategy of reinvesting in its core operations and strengthening its financial stability.

In recent years, the healthcare provider has made significant investments in advanced medical technologies and expanded its range of specialized services.

These efforts have contributed to its growing reputation as a leader in the super-specialty healthcare sector throughout the MENA region.

The Group is on track to achieve mid-teens revenue growth and significant improvements in EBITDA margins by 2025 and beyond.

This optimistic forecast is based on several strategic factors, including the accelerated ramp-up of high-growth assets, the expansion of high-complexity procedures, and ongoing cost optimization initiatives.

As a result, the company expects its profit before tax to grow at an approximate compound annual growth rate of 25% over the next four years, which is a strong indicator of its operational efficiency and market resilience.

The planned share buyback, which will be executed through open market purchases, will be fully funded by the Group’s operating cash flow.

This funding approach further emphasizes Burjeel Holdings’s strong financial position.

Following the completion of the buyback, management will evaluate a range of strategic options for the repurchased shares.

These options include potential resale based on market conditions, allocation to long-term incentive plans, or implementing other regulator-approved strategies that support broader capital management goals.

John Sunil, Group CEO of Burjeel Holdings, commented on the development by expressing confidence that the company is well-positioned to meet its ambitious growth targets.

He noted that the current market valuation does not fully capture the Group’s intrinsic value and that the share buyback initiative is a proactive step toward unlocking that value.

Mr. Sunil confirmed that the company would work closely with both regulators and shareholders to finalize the program and provide timely market updates once the necessary approvals have been secured.