Talabat Launches Share Buyback Program

Talabat Holding recommends buying back up to 10% of its shares and paying Q1 2024 dividends. These measures aim to increase shareholder value.

On Thursday, Talabat Holding announced that its board of directors has recommended launching a share buyback program of up to 10% of the total issued shares. The board also approved the payment of dividends for the first quarter of 2024. The company stated that these measures are aimed at increasing the value of shares for shareholders. Payments will begin in the near future. "We are pleased to have the opportunity to return value to our shareholders," said the company's CEO.

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