The authorized capital of the Baku Stock Exchange has been increased.

In order to maintain the sustainable development of the Baku Stock Exchange (BSE), on the basis of the decision of the extraordinary General Meeting of Shareholders the nominal value of the BSE shares has been raised from 200 AZN to 800 AZN at the expense of retained earnings.

As a result of the increase in the nominal value of the shares, the value of the BSE's authorized capital increased from 1,260,000 AZN to 5,040,000 AZN. It should be noted that the BSE currently has 20 shareholders.