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Egyptian tobacco firm Eastern announces 5:1 share split
Reuters
, Wednesday 19 Sep 2018
Eastern Tobacco Company (Photo: Reuters)
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Egypt to sell up to 4 pct of Eastern Tobacco stake on Cairo exchange: Ministry
Egypt to raise tobacco tax revenues by EGP 7.072 bln in 2018-19
Increase in Egypt's domestic cigarette prices starts Thursday: Eastern Tobacco
Cigarette prices won't be raised until president ratifies tax bill: Egypt's tobacco company
Eastern Company will conduct a 5:1 share split on September 27, Egypt's top cigarette maker said on Wednesday.
The nominal value of each share will be 1 Egyptian pound ($0.0560) instead of five, it said.
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Egypt to sell up to 4 pct of Eastern Tobacco stake on Cairo exchange: Ministry
Egypt to raise tobacco tax revenues by EGP 7.072 bln in 2018-19
Increase in Egypt's domestic cigarette prices starts Thursday: Eastern Tobacco
Cigarette prices won't be raised until president ratifies tax bill: Egypt's tobacco company
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