(2018-09-26) Today: Elsewedy Electric stock split last date Elsewedy Electric (SWDY) decided to split the par value of its share to LE1 from LE10 with maintaining the issued and paid capital without change at LE2,184,180,000.
The issued capital will be distributed over 2,184,180,000 shares instead of 218,418,000 shares with a par value of LE1, according to the extraordinary general assembly (EGM) resolution dated May 22, 2018.
The Company added in a statement sent to Egyptian Stock Exchange (EGX), stock split will be earmarked to the shareholders and share purchaser who record on Sunday, September 26, 2018, adding trading of the share after splitting will start on September 27, 2018.