Cairo - Mubasher: The Egyptian Exchange (EGX) announced it received Thursday a disclosure report from EFG-Hermes Holding as regards reducing the company's capital.
The capital cut will be effected through the cancellation of 37 million treasury stocks.
Accordingly, the company's issued capital will be slashed to EGP 3.1 billion, distributed across 614.9 million shares at EGP 5 par value each.
