Nepse adjusts stock price of Bank of Kathmandu for bonus shares

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495
price adjustment

Nepal Stock Exchange (Nepse) has adjusted stock price of Bank of Kathmandu Limited for 6% Bonus share.

The Adjusted Price is Rs. 245.28 for 6% bonus share. Price before book close was Rs.260.

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 6% bonus share & 11% cash dividend for shareholders from the income of FY 2075/76.

AGM will be held on 30 Aswin 2076 at Alish Receptions, Gairighara, Kathmandu, 10:00 am.