The Board of Directors of Kuwait Investment Company S.A.K. (KWSE:KINV) authorized a share repurchase program on July 12, 2012. Under the program, the company will repurchase up to a maximum of 10% of its shares. The company will make the repurchases such that the purchase amount should not exceed the finance resources amount available in equity rights. The program was approved by the Capital Markets Authority. The program will run for a period of 6 months, from July 12, 2012 till January 12, 2013.

Kuwait Investment Company S.A.K.'s share repurchase program expired on January 12, 2013.