DCC Healthcare sale completes and capital return
Summary by AI BETAClose X
10 September 2025
Completion of sale of DCC Healthcare and return of £600 million of capital to shareholders
Completion of sale of DCC Healthcare
DCC plc ("DCC" or the "Group") is pleased to announce that it has completed the sale of DCC's healthcare division ("DCC Healthcare"), following receipt of customary regulatory approvals. Details of the transaction were contained in DCC's stock exchange announcement of 22 April 2025.
The completion of the sale of DCC Healthcare is a material step in the Group's strategy to simplify operations, maximise shareholder value and accelerate the growth of its energy business, the Group's largest and highest returning division.
Return of capital to shareholders
As announced on 13 May 2025, DCC intends to return £800 million from the sale of DCC Healthcare to its shareholders.
DCC commenced this process in May with the launch of a £100 million on-market share buyback programme. That programme is expected to complete in the coming weeks.
DCC also intends to launch a £600 million tender offer shortly after its interim results in November, with the expectation of completing the tender offer in December.
The final £100 million will be returned to shareholders following receipt of unconditional deferred consideration payable for DCC Healthcare in approximately two years.
Donal Murphy, Chief Executive of DCC plc, commented:
"We are simplifying our business so that we can focus all our efforts on growth opportunities in the energy sector, which offers the most compelling opportunity for shareholders.
The completion of the sale of DCC Healthcare and the return of a further £600 million in proceeds to our shareholders later this year are two important steps in this process.
DCC remains focused on delivering sustainable, long-term value for our shareholders and other stakeholders."
Contact information
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Investor enquiries: |
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Conor Murphy, Chief Financial Officer |
Tel: +353 1 2799 400 |
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Darragh Byrne, Company Secretary |
Email: investorrelations@dcc.ie |
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Rossa White, Head of Group Investor Relations & Comms. |
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Media enquiries: |
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Sodali & Co (Eavan Gannon/Pete Lambie) |
Tel: +44 20 7250 1446 |
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Email: DCCGroup@sodali.com |
About DCC plc
Invested in Energy
DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100. In our financial year ended 31 March 2025, DCC generated revenues of £18.0 billion and adjusted operating profit of £617.5 million. DCC has an excellent record, delivering compound annual growth of 13% in continuing adjusted operating profit and unbroken dividend growth of 13% while maintaining high returns on capital employed over 31 years as a public company.
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Forward-looking statements
This announcement contains some forward-looking statements that represent DCC's expectations for its business, based on current expectations about future events, which by their nature involve risk and uncertainty. DCC believes that its expectations and assumptions with respect to these forward-looking statements are reasonable, however because they involve risk and uncertainty as to future circumstances, which are in many cases beyond DCC's control, actual results or performance may differ materially from those expressed in or implied by such forward-looking statements.
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