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Arab Finance – Egypt Aluminum General Assembly agrees to raise the value of the cash currency


Arab Finance: The Ordinary General Assembly of the company ratified Egypt Aluminum (EGAL)dated 10-21-2024, on the Board of Directors’ report and financial statements for the last fiscal year, according to statement Egyptian Stock Exchange.

She added that the association decided to raise the value of the cash coupon to 7 pounds per share, instead of the value proposed by the Board of Directors of 3 pounds, after adding retained profits from previous years.

The Assembly also approved the company’s contribution to the insurance fund for the company’s employees in the amount of 14,332,000 pounds during the fiscal year 2023-2024.

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