Economy

GCB to float additional shares

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The Ghana Commercial Bank will next month float additional shares through a rights issued on the stock exchange. This will allow existing shareholders to buy more shares. Over ¢450 billion are expected to be raised. GCB through SAS stockbrokers has presented the details of the document to the Securities and Exchange Commission for final approval.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.