Nepse adjusts stock price of Prabhu Bank for bonus share

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price adjustment

Nepal Stock Exchange (Nepse) has adjusted stock price of Prabhu Bank Limited for 8% Bonus share.

The Adjusted Price is Rs.210.19 for 8% bonus share. Its Average base price is Rs.272.59. Price before book close Rs.227.

Adjustment formula = Price before book close / 1 + Bonus %

Bonus share will be distributed to shareholders after the approval from annual general meeting. AGM to be convene on 19 Falgun 2075 at corporate office of the bank, Babarmahal Kathmandu, 1:00 PM.