News Details

Electro Cable Egypt (ELEC.CA) Announces a 5:1 Stock Split


Electro Cable Egypt (ELEC.CA) announced that the company will adjust its par value to EGP 0.2/share from EGP 1/share through a 5:1 stock split which will lead to increasing ELEC’s total outstanding shares from 711.4mn shares to 3,577.2mn shares with an issued capital of EGP 711.4mn, for owners of the stock till 26th of January 2021. (Company’s Press Release)

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