Nepal stock exchange (Nepse) has adjusted stock price of Nabil Bank Limited for 12% Bonus share.
The Adjusted Price is Rs.708.93 for 12% bonus share. Its Average base price is Rs.1121.96 Price before book close Rs.794.
The adjusted price of Nabil bank promoter shares is Rs.670 for 12% bonus Share.
Adjustment formula = Price before book close / 1 + Bonus %
Bonus share will be distributed to shareholders after the approval from annual general meeting. It has announced 12% bonus share & 22% cash dividend for shareholders.
