Sonatel to multiply its shares tenfold from 26 October
By the AFREEQUE newsroom, based on Dakaractu
Sonatel’s extraordinary general meeting has approved a 1-for-10 share split, increasing the number of shares from 100 million to one billion. The operation will take effect on 26 October, with share capital unchanged at CFA 50 billion, according to Dakaractu.
Sonatel, the Senegalese telecoms operator, will multiply the number of its shares by ten from 26 October, after shareholders at an extraordinary general meeting approved a 1-for-10 stock split, according to Dakaractu.
At a meeting on 8 October 2026, the company approved the operation, which is intended to make the share more accessible to investors. The split will not change the company’s share capital.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
