Real Estate 11 finalizes 2021 stock dividend, boosts charter capital

Real Estate 11 Joint Stock Company (RES 11 JSC) announced the successful completion of its 2021 stock dividend issuance on September 10, 2025. The company distributed 880,555.6 shares, with 880,318 shares allocated to 701 shareholders at a 100:12 ratio. Fractional shares totaling 237.6 were canceled, ensuring whole share allocations for investors.

This issuance, funded by 8,805,760,000 from retained earnings, has increased Real Estate 11's total outstanding shares from 7,338,138 to 8,218,456. The company officially updated its number of voting shares on September 10, 2025, with an expected share transfer date in October 2025.