Return of more than 100% of the value of shares of Alborz insurance

According to Alborz Insurance Public Relations, while each share of Alborz Insurance was traded at the price of 1,623 Rials in the stock market on November 1, 1401, with the excellent performance of this company in the investment sector, attracting suitable portfolios and good stock market management. It increased to 3140 Rials on April 21 of this year and thus Alborz Insurance Company was included in the list of the most profitable insurance companies.

This report indicates that Alborz Insurance has given a good profit to the shareholders and buyers of this company with a yield of 105% and is the leader of the insurance companies in terms of dividend yield.

According to this report, shares of Alborz Insurance, which has the most profitable investment sector among insurance companies, following the implementation of Article 44 of the Constitution regarding privatization, became the first insurance company to be listed on the stock market in 2008 and set a new record. It registered in the capital market and 26 million shares, equivalent to 10% of the total shares of this insurance company, were sold in just 38 seconds.