Cmar’s OGM nods to dividends distribution to shareholders

Updated 9/20/2022 11:42:00 AM

Arab Finance: The ordinary general meeting (OGM) of Egyptian Arabian Securities Brokerage (Cmar) (EASB) approved the cash dividend payment of 4 piasters per share to shareholders, according to a statement filed to the Egyptian Exchange (EGX) on September 20th.

Cmar, formerly known as Egyptian American Company for Securities Brokerage, is an Egypt-based public shareholding company engaged in the provision of investment services.

The company operates a range of investment activities that include sale and purchase of securities, mediation in the purchase and sale of securities to investors in the Egyptian capital market and providing financial advice, e-trading, establishment and ownership transfer, provision of training sessions, and financial advisory services.