Boursa Kuwait was founded in April, 2014 by the Capital Markets Authority Commissioners’ Council Resolution No. 37/2013 dated 20 November, 2013, replacing the Kuwait Stock Exchange (KSE), to become the nation’s official exchange effective 25, April, 2016.
Since its inception, Boursa Kuwait’s mission driven strategy focuses on developing the overall market status in line with international standards, and addressing market needs through the provision of investment tools, restructuring the market to increase its competitiveness and liquidity, reinforce transparency and management, elevating investor confidence and attracting investments.
Corporate Actions
The corporate actions include the rights arising from the share’s ownership such as cash dividends, bonus shares, share subscription right and other rights of the shareholder.
Cum-Dividend Date (Cum-Div): it is the last day on which the share must be purchased in order for the shareholder to be registered in the companies’ registers on the Record Date to be entitled to the distributions. Such day must be before the Record Date and the Ex-Dividend Date, and shall be determined according to the settlement cycle (three days before Record Date).
Ex-Dividend Date (Ex-Div):The first day on which the share is traded without cash dividends or the bonus shares dividends or other corporate actions. It is also the day on which the share price is adjusted due to the distributions according to the trading rules.
Record Date: The day on which the registered shareholders who are registered in the company’s register and entitled to receive the dividends are identified.
Payment Date: The day on which the dividends are paid, and the decisions of the general assembly meeting are executed.
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Yearbook 2019
Boursa Kuwait
Mohammad Al Osaimi
Acting Chief Executive Officer
Established: April 21st, 2014
Chairman: Mr. Hamad Mishari Al-Humaidhi
CEO: Mr. Mohammad Al Osaimi
Address: Mubarak Al Kabeer Street, AlSharq, Kuwait
P.O.Box 22235 Safat, 13083 Kuwait
Email: [email protected]
Website: https://www.boursakuwait.com.kw/
About Boursa Kuwait