Aramco's First Share Buyback: Up to $3 Billion Over 18 Months
Eastern Avenue, Gharb Adh Dhahran, Dhahran, Dammam, Dammam Governorate, Eastern Province, 34464, Saudi ArabiaSaudi Aramco
CONFIRMED83% CONFIDENCEStated as firm in the Saudi Exchange disclosure: board approval "dated 20/09/1447H (corresponding to 09/03/2026G)" and "The Company may repurchase the shares during a period of eighteen (18) months from the date of the resolution", i.e. through 9 September 2027 (exclusive end 10 September 00:00 UTC).[1]
Aramco's board approved buying back up to 350 million of its shares, worth at most SAR 11.3 billion ($3 billion), within 18 months of 9 March 2026, to hold in treasury for its employee share plan. It is the company's first buyback; until now it returned cash only through dividends.
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