Cairo – Mubasher: Suez Canal Bank announced the ex-dividend date and the distribution date for the bonus shares resulting from the capital increase.
According to the bank's disclosure to the Egyptian Exchange today, the eligibility for the distribution of bonus shares shall end for the holder and purchaser of the stock by the end of the trading session on Wednesday, November 11, 2026.
The bonus shares are scheduled to be distributed at a rate of 0.5 shares for each original share of the bank prior to the increase, starting from Thursday, November 12, 2026.
The Ordinary General Assembly of the bank, held on March 18, 2026, had approved increasing the bank's issued capital from EGP 10 billion to EGP 15 billion, with an increase of EGP 5 billion funded from the profits appearing in the bank's financial statements as of December 31, 2025, distributed over 500 million bonus shares to be distributed to the bank's shareholders.
