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Qatar Financial Markets Authority to implement controls on companies buying their shares for the purpose of selling them

Broadcast United News Desk
Qatar Financial Markets Authority to implement controls on companies buying their shares for the purpose of selling them

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DOHA (QNA) – Today, the Qatar Financial Markets Authority issued new controls on companies that buy shares with the intention of selling them.

The Authority said in a statement that these new controls come within the framework of its efforts to develop Qatar’s capital markets and enhance investor confidence, stressing its commitment to protecting investor rights and ensuring a fair and transparent investment environment.

The Authority has set out controls and conditions under which companies can purchase a certain percentage of shares with the intention of selling them after approval, stressing that these new controls will help strengthen corporate governance and the efficiency of Qatar’s capital markets.

It is worth noting that those who wish to review these controls and obtain further information can visit the Qatar Financial Markets Authority’s website: www.qfma.org.qa.

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