In 1992, 100,000 shares were offered to the Government of Sharjah within the context of the settlement agreement signed.
During 2002 BNP Paribas, BOS’s partner since inception, sold its shares as it was not possible to increase its share to 51% as requested, in view of the prevailing UAE laws limiting foreign ownership in national banks to 20%.
During 2004, BOS’s shares were listed in the Abu Dhabi Securities Exchange (ADX).
On 17 March 2006, BOS issued 500 million convertible bonds at a nominal value of AED 1 per bond for a total of AED 500 million listed at Abu Dhabi Securities Exchange (ADX). The bonds matured on 17 March 2008 and 487,472 bonds were successfully converted to shares with a premium of AED 2 per bond, representing a conversion rate of 97.5%.
2012: Within a share buyback scheme, the bank acquired 165 million treasury shares.
2013: The bank distributed 60 million treasury shares as dividends to shareholders.
2014: The bank distributed 99.527 million treasury shares as dividends to shareholders.
2015: The bank distributed 110 million treasury shares as dividends to shareholders.
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