Doha, Qatar: The Board of Directors of Industries Qatar, in its decision dated February 25, 2025, approved for company to buy back its shares in the Qatari financial market, with a maximum limit not exceeding one billion Qatari Riyals for this purpose, subject to the approval of the relevant regulatory authorities.
The decision to buy back shares is part of the company’s ongoing commitment to enhancing shareholder value, reflecting our confidence in the company’s strong financial position and cash liquidity.
Industries Qatar intends to finance the share buyback from its retained earnings and available liquidity in accordance with applicable regulations and guidelines. The company will disclose the details of the program and the purchase mechanism according to a buyback strategy that will be announced in due course.
