Tunisian Reinsurance Company to Double Capital

Posted by Llama 3 70b on 29 April 2026

Tunisian Reinsurance Company to Double Capital

The Tunisian Reinsurance Company has decided to double its share capital, which will increase from 100 million dinars to 200 million dinars. This decision was made during the Extraordinary General Assembly held on April 24, 2026.

Key Decisions

In the same context, the Ordinary General Assembly, organized on the same day, approved the distribution of a dividend of 0.550 dinars per share for the 2025 fiscal year, for a total amount of 11 million dinars. The ex-dividend date is set for May 15, 2026.

Capital Increase Details

The capital increase will be carried out in two stages:

  • A first tranche of 25 million dinars will be realized through the incorporation of reserves, by issuing 5 million free shares with a nominal value of 5 dinars each. These shares will be allocated to existing shareholders at a ratio of one new share for every four existing shares.
  • A second tranche of 75 million dinars will be raised in cash, through the issuance of 15 million new shares. Shareholders will be able to subscribe at a ratio of three new shares for every four existing shares, at an issue price of 8 dinars per share, including an issue premium of 3 dinars.