Global Market Update | Saudi Aramco unveils $3 billion maiden buyback; annual profit falls 12%

  • Posted on March 10, 2026
  • By Business News Today
  • 5 Views
Global Market Update | Saudi Aramco unveils $3 billion maiden buyback; annual profit falls 12%

Saudi Aramco, the world's top oil exporter, saw profits fall 12% due to lower crude prices. The company announced its first-ever share buyback of up to $3 billion over 18 months. This comes amid volatile global oil markets. Aramco's net income for 2025 was $93.4 billion. Total dividends paid for the year were $85.5 billion.
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