Cairo - Mubasher: The ordinary general assembly of GPI for Urban Growth approved, on 29 March, distributing one free share for every 12 existing shares as bonus shares for 2025.
The disbursement will be funded from the 2025 profit surplus, which will be added to retained earnings, according to a bourse filing.
Moreover, the equityholders approved increasing the company’s issued and paid-up capital to EGP 177.27 million from EGP 163.63 million.
Following the move, the total number of shares will rise to 1.77 billion from 1.63 billion, while the nominal value remains at EGP 0.10 per share.
In January 2026, technical indicators showed that GPI for Urban Growth’s stock was moving in an upward trend.
