Brief: Qatar's Commercial Bank Completes Winding Up Of Long-Term Incentive Scheme For Employees
07/09/2026 12:26
BRIEF-Qatar's Commercial Bank Completes Winding Up Of Long-Term Incentive Scheme For Employees Sept 7 (Reuters) - THE COMMERCIAL BANK COMB.QA:
COMPLETED WINDING UP OF BANK’S LONG-TERM INCENTIVE SCHEME FOR EMPLOYEES AND ALL ARRANGEMENTS ANCILLARY TO LTIS
SHARES ACQUIRED PURSUANT TO THE EXEMPT TRANSACTION SHALL BE HELD BY THE BANK AS TREASURY SHARES
FUNDED EXEMPT TRANSACTION FROM ITS OWN INTERNAL FUNDING SOURCES
AS PART OF WINDING UP PROCESS, BANK PURCHASED 192.8 MILLION OF BANK’S SHARES AT QAR 4.0689
Source text: ID:nDSM7zxSBf
Further company coverage: COMB.QA
((Reuters.Briefs@thomsonreuters.com;))
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