Developing The Procedures Of The Split Of Shares’ Nominal Value Of Qatar Stock Exchange Listed Companies

The Qatar Financial Markets Authority (QFMA) announced that regarding the split of the shares’ nominal value of QSE listed companies to become one riyal per share, the QFMA is working in developing the procedures and the appropriate mechanisms to regulate the process. This step comes as a part of performing the QFMA’s regulatory and supervisory role over the capital market in the State. Through this step, the QFMA seeks to increase the prospects for investment in the financial market, expand the shareholders base, attract more small investors, give more choice opportunities for all participants dealing in the QSE, and increase the liquidity and turnover ratio of shares listed on the market. The QFMA is exerting more efforts to achieve its mission that aims to regulate and develop the capital market in line with the QFMA’s Strategic Plan, which is in harmony with the Financial Sector Plan in the State.