ADNOC Distribution produces and blends top-grade lubricants at our state-of-the-art facilities in Abu Dhabi to the highest international standards from world-renowned murban crude oil. We offer a wide range of premium products across automotive, industrial, marine and speciality.
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ADNOC Distribution was established in 1973 as the first UAE government-owned company specialized in the domestic and international marketing and distribution of petroleum products. Today, the publicly listed company is the UAE’s largest fuel distributor and convenience store operator.
ADNOC Distribution is listed on the Abu Dhabi Securities Exchange (ADX).
The company’s International Securities Identification Number (ISIN) is AEA006101017 and ticker symbol is ADNOCDIST.
The company’s paid-up share capital is USD $272.294 million, divided into 12.5 billion shares, each with a nominal value of USD $0.02178.
As of 30 September 2024, our parent company, Abu Dhabi National Oil Company, owned 77% of our outstanding shares.
As of 30 September 2024 ADNOC Distribution’s free float is 23% of shares.
Any investor with an up-to-date investor number (NIN) registered through the ADX can place orders to buy and sell shares through a licensed and registered brokerage company.
Trading on the ADX is possible only through an authorized broker. Contact your broker or visit www.adx.ae (FAQs) for a complete list of brokerage companies.
ADNOC Distribution is a leading mobility retailer in UAE. The Company operates service stations in all seven emirates in its home country, plus Saudi Arabia and Egypt, and sells lubricants in 43 countries across the world via distributors. ADNOC Distribution has 846 service stations, 534 in the UAE, 69 in the Kingdom of Saudi Arabia, and 244 in Egypt. As a non-fuel retail leader in the UAE, it operates 365 convenience stores, 34 vehicle inspection centers, and other leading services spanning car wash, lube change, and EV charging. The Company is also the leading marketer and distributor of fuels to commercial, industrial, and government customers throughout the UAE. All figures as of 30 June 2024.
ADNOC Distribution aims to pay dividends twice during each fiscal year, with an initial payment in October and a second payment in April the following year. Our dividend policy sets an annual dividend of USD 700 million (20.57 fils per share) for 2024-2028 or minimum 75% of net profits, whichever is higher, supported by robust cash generation and balance sheet strength. Since our IPO in 2017, we have consistently increased returns to our shareholders through our progressive dividend policy with a dividend track record of USD 400 million for 2018, USD 650 million for 2019, USD 700 million for 2020, 2021, 2022 and 2023.
Please get in touch with the Clearing, Settlement and Depository (CSD) Department at Abu Dhabi Securities Exchange by emailing csd@adx.ae or calling +971 2 616 8666
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