Moroccan mining group Managem says it plans to split its shares to make them more affordable and boost trading on the Casablanca Stock Exchange.
The proposal will be put to shareholders at a general meeting on 25 June in Casablanca.
A stock split increases the number of shares while reducing the price of each one. It does not raise new money or change the company’s overall value. Firms often use it to attract smaller investors who may find high share prices out of reach.
Managem has not yet set the split ratio. Shareholders will decide on the terms, and the chief executive will be authorised to carry out the move if approved.
The meeting will also cover board changes, approval of the 2025 financial results, dividend plans, and auditor appointments.
Founded in 1930, Managem operates across the mining value chain in nine countries and employs more than 6,000 people.
The decision comes as the company expands its role in metals used in clean energy. In the Democratic Republic of Congo, it produces about 40,000 tonnes of refined copper and 5,000 tonnes of cobalt hydroxide each year, placing it within the global battery supply chain.
At home, the group continues exploration work in Morocco, including around the Imiter silver mine in the Anti-Atlas region.
On the Casablanca market, Managem is part of key indices including the MASI and MSI 20, which track some of the country’s most active listed firms.
Investors will be watching the June meeting closely, as the final terms of the split will determine how far it improves trading in the stock.
