Drew wrote:What are the chances of a share split this year ? BAT it touching 600 Kshs !
Why do companies split?
1. To encourage more public participation, when eyeing the market for more capital,
2. To unlock value for shareholders since the split stocks will be worth more than the unsplit one.
None of these seem relevant to BAT, they don't need more capital and their healthy dividend give sufficient value to its shareholders.
I would be surprised if they split. A bonus could be in the offing though, as it slightly reduces the price of the share.