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Madinet Masr executes EGP 51,000 share transfer for ESOP

Updated 7/12/2026 10:27:00 AM
Madinet Masr executes EGP 51,000 share transfer for ESOP

Arab Finance: Real estate developer Madinet Masr for Housing and Development executed a share transaction as part of its ongoing employee incentive program, as per a disclosure.

A total of 6,615 of the company's issued shares were transferred under the framework of its Employee Stock Ownership Plan (ESOP).

The transaction was carried out at a total value of EGP 51,134.

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