Suez Canal Bank shareholders decide to distribute one billion pounds in the form of bonus shares

The Ordinary General Assembly of Suez Canal Bank decided to approve the profit distribution list for the previous year, which includes the distribution of bonus shares to shareholders at a value of one billion pounds, at a rate of about 0.27 shares for each outstanding share.

The association added that this would entail an increase in the bank’s issued capital from 3.6 billion pounds to 4.6 billion pounds, within the limits of the authorized capital, which is estimated at 5 billion pounds. The first in the bank’s history.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *