Commercial Bank Announces QFMA Approval for the Sale of 65,335,250 Treasury Shares Equal to 1.614% of the Bank’s Shares

 

July 25, 2019

 

Further to the Bank’s recent announcement published 18 July 2019, The Commercial Bank has now obtained the Qatar Financial Market Authority’s (QFMA) approval to sell the Bank’s 65,335,250 held treasury shares (following the recent share split) which equates to 1.614% of the Bank’s shares. These shares will now be sold in compliance with the Qatar Financial Markets Authority’s (QFMA) Rules on Companies Buying Their Own Shares.