Securities Depository Centre reduces capital of Royal Jordanian Airlines

AMMAN — The Securities Depository Centre (SDC) has reduced the capital of Royal Jordanian Airlines by 37,968,008 shares, represnting 45 per cent of the company's capital.

The company's registered capital at the SDC has become 46,405,342 shares, down from 84,373,350 shares.

The decision was based on the company's general assembly at its extraordinary meeting held May 2, which was approved by the minister of industry and trade to reduce the company's accumulated losses.