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Alexandria Medical Center announces stock split

Alexandria Medical Center announces stock split
The Egyptian Exchange (EGX) announced on Monday that the par value reduction for the stock of Alexandria New Medical Center will be eligible for shareholders of record till the close of trading on Sunday, December 21, 2014.
The company has filed with EGX to reduce the stock’s par value from EGP 10 to EGP 8.
The issued capital will stay unchanged at EGP 48.4 million.
The post-reduction stock will trade starting Monday, December 22.
Photo Credit: Arabianeye-Reuters