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Confirmed

BRVM: Sonatel closes at CFA4,700 after ten-for-one share split

Sonatel shares closed at CFA4,700 on the BRVM on 26 October 2026, the first session after a ten-for-one split. The adjusted gain was 7.18%, according to market readings reported by Lejecos and Econozone.

Dakar in July 2011. Archive geographic illustration for the Senegalese company; this photograph does not show the trading session.
Dakar in July 2011. Archive geographic illustration for the Senegalese company; this photograph does not show the trading session. — Geertivp / Wikimedia Commons — CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ — archives du 21 juillet 2011, sans modification

Each old share is replaced by ten new ones. The nominal value falls from CFA500 to CFA50, while share capital remains CFA50 billion, in line with the company's notice.

The unit price must therefore be compared with a reference also divided by ten: a direct comparison with the old price would show an artificial fall. The split alone does not change an investor's proportionate ownership; the session's gain reflects market movement after adjustment.

Sources 4