Significant Transactions on Smart Tunisie Shares Announced
Two significant transactions on Smart Tunisie shares were announced yesterday, in accordance with regulatory requirements. These transactions involve two major sales:
- 200,000 shares at an average price of 12,200 TND by Mahmoud Bouden, CEO and member of the Board of Directors
- 260,000 shares at an average price of 12,200 TND by Myriam Essafi, daughter of the Chairman of the Board of Directors
The total amount mobilized is therefore 5,412 MTND. The identity of the buyer has not been revealed. What is certain is that it is a Tunisian national, according to the details of the block transactions published by the Tunis Stock Exchange. Furthermore, since the transactions took place on June 27, and the buyer is required to declare, they have until next Friday to do so. We are talking about 4.5% of the company's capital, a threshold close to 5.0%.
Recall that the company has already distributed its dividend on June 19, 2025, of 0.900 TND per share, with 0.360 TND exempt from tax.
Regardless of these transactions, which demonstrate the commitment of reference shareholders to the company, the market is more interested in the operational performance of the current exercise. The first quarter was lackluster, with a 4.0% decline in sales to 83,341 MTND, and financial charges increasing by 3.8% to 3,309 MTND.
The stock has been virtually stable since the beginning of the year, showing a slight decline of 1.8%. Investors are now waiting for the second-quarter figures to start getting an idea of the profitability of 2025.