Financials
Solidere’s shares are listed on the Beirut and Kuwait Stock Exchange, and its Global Depository Receipts trade on the London, Frankfurt and Luxembourg Stock Exchanges. Its share price on the Beirut exchange has risen sharply in recent years, from about US$5 in early 2004 to a high of US$26 in February 2006. In June 2006, Solidere approved a US$100M dividends payout to its shareholders.
Most of Solidere’s investors are European and North American investment firms or Arab investors from the Gulf. Rafik Hariri's share in the company has been a controversial subject in the Lebanese political spectrum. Some rumors say that he owned a majority stake in Solidere before his assassination in 2005, and the Hariri family continues to be a principal shareholder today. However, the Hariri family rejected those rumors saying that Rafik Hariri owned only 6% of the company's shares. .
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