NEPSE Adjusts Stock Price of Everest Bank

Sep 23, 2024 04:02 PM Merolagani



Nepal Stock Exchange (NEPSE) has adjusted stock price of Everest Bank (EBL) on September 23 following its book close for upcoming AGM.

On the day, NEPSE adjusted the stock price at Rs 631.82 after adjusting 10 percent stock dividend.

The last trading price of the stock was Rs 695 per unit.

The bank is closing its  book on September 24, thus, the shareholders registered in its book till September 23 will be eligible to attend the AGM and obtain the announced dividend.

The bank is conducting its 30th AGM on October 6 in Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am.

The meeting will endorse a proposal of distributing 10 percent stock and 5.53 percent cash dividend to its shareholders.

Similarly, the meeting will amend article and memorandum of association, elect two directors and appoint an auditor.




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