Saudi Aramco announces $3 billion stock buyback and increased dividends

According to Golden Ten Data on March 10, Saudi Aramco has approved a $3 billion stock buyback plan and increased its dividend payments, as investors continue to focus on how the company will respond to the ongoing impact of the Middle East conflict. In a statement on Tuesday, Saudi Aramco said that adjusted net profit for the quarter ending December 31, 2025, fell by 1.9% to $25.1 billion, in line with market expectations. The company's basic dividend for the three-month period will increase to $21.9 billion, up 3.5% year-on-year. The world's largest oil exporter has faced a series of setbacks over the past week, including production cuts due to full storage tanks and the forced closure of Saudi Arabia's largest refinery following a drone attack. With traffic through the Strait of Hormuz nearly at a standstill, the company has been busy rerouting some of its export products.