NEPSE Adjusts Share Price of Sanima Bank

Sep 22, 2017 Merolagani



Nepal Stock Exchange (NEPSE) has adjusted share price of Sanima Bank (SANIMA) after the announcement of 16 percent stock dividend.

NEPSE has provided an adjusted price of Rs 341 per unit for the share price of the bank.

On the basis of the share price of the last 180 days, NEPSE has provided the average base price of Rs 434 per unit.

The bank will distribute the stock dividend after an approval from NRB and the upcoming AGM of the bank. The shareholders registered in the book by September 20 are eligible for the stock dividend.

Presently, Sanima Bank has paid-up capital of Rs 6.89 billion that will totals Rs 8.12 billion after distribution of the stock dividend. The bank earned a net profit of Rs 1.30 billion in the last FY. Meanwhile, it has maintained an EPS of Rs 18.85.




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