IAM stock updates share count as 2025 profit reaches MAD 7 billion

IAM stock (ISIN MA0000011488) was last at MAD 92.50 on the Casablanca Stock Exchange on October 2, 2026, down 1.02 percent during the session. The latest corporate disclosure puts the share count at 879,095,340, while fiscal 2025 net income reached MAD 7 billion.

Capital disclosure sets share count

Les Echos reported on October 5, 2026, that Itissalat Al-Maghrib had 879,095,340 shares outstanding as of September 30, 2026. The same disclosure identifies the Casablanca Stock Exchange as the primary market and confirms ISIN MA0000011488.

The disclosure also records 879,095,340 gross voting rights and 168,604 treasury shares without voting rights. That share count gives investors a clear denominator for assessing the company's market value and dividend distribution.

Revenue held at MAD 36.7 billion

Fiscal 2025 revenue stood at MAD 36.7 billion, matching the MAD 36.7 billion reported for fiscal 2024, while net income rose from MAD 1.8 billion to MAD 7 billion. Casa Bourse Data lists a MAD 4 dividend per share for fiscal 2025.

The earnings comparison matters because revenue was broadly unchanged while bottom-line profit was higher by MAD 5.2 billion. The same source lists a market capitalization of MAD 81.3 billion and a fiscal 2025 earnings multiple of 11.67.

Stock sits below its yearly high

At MAD 92.50 on October 2, 2026, IAM was 23.8 percent below its 52-week high of MAD 121.45 and 2.8 percent above its 52-week low of MAD 90. The session range was MAD 92.20 to MAD 95.00, with volume of 93,900 shares.

The market picture therefore combines stable annual revenue with a lower share price and a substantial gap to the yearly high. For investors, the next valuation signal is whether profit growth can persist while revenue remains near the fiscal 2024 level.

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