Arab Finance: The board members of Delta Insurance approved increasing the issued capital from EGP 500 million to EGP 550 million through a bonus share issue, according to a bourse filing.
The company will increase its capital by EGP 50 million, distributed across 12.5 million shares with a par value of EGP 4 per share.
The increase is funded from retained earnings, as per the financial statements as of December 31st, 2024, at a rate of one share for every ten shares.