Cairo – Mubasher: Alexandria National Company for Financial Investment said Sunday that its extraordinary general meeting (EGM) has approved to split the nominal value of its stocks from EGP 10 to EGP 5.

Accordingly, the number of stocks will increase to EGP 522.5 million from EGP 261.2 million, while the issued and paid-up capital will remain at EGP 261.2 million, according to a bourse filing.

The stock was last traded at EGP 7.67.