Trade of the so-called Justice Shares will start officially on May 26, with shareholders allowed to place sale orders for 30% of shares in their portfolio at the initial stage.
Justice Shares are shares of big government-owned companies that were given to the six lowest income deciles a decade ago. The shares until now were not tradable and owners received a small amount of dividends in the last two years.
According to a notice posted on the Economy Ministry website, Shada.ir, shareholders seemingly are not to place orders directly – a task delegated to agent banks on their behalf.
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