Qatar Financial Market Authority announces a stock split of companies listed on the Qatar Stock Exchange

Today, the Qatar Financial Markets Authority (QFMA) announced that they will begin enforcing a stock split of companies and investment funds listed on the Qatar Stock Exchange (QSE).

A stock split is an increase in the number of company’s shares with a lower nominal value, without any impact or change in shareholders’ equity and no effect on the total market value of the customer’s portfolio.

The process will take place from 9 June to 7 July 2019, and will be coordinated between QFMA, QSE, the Qatar Central Securities Depository (QCSD) and other stakeholders.

The aims of the stock split include:

  • Reducing share prices
  • Increasing the number of shares available for trading
  • Attracting more small investors and expanding choice opportunities for QSE participants
  • Broadening the ownership base of listed companies because of an increase of shareholders
  • Increasing liquidity and turnover of the listed companies’ shares
  • Enhancing the attractiveness of the market to investors and increasing the demand for corporate shares
  • Increasing the daily activity of stock exchange transactions and increasing the number of transactions executed on the companies’ shares

To learn more, please visit the Qatar Financial Markets Authority’s website.

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