wazua Sat, Jan 18, 2025
Welcome Guest Search | Active Topics | Log In | Register

StanChart plans share split
Jamani
#1 Posted : Tuesday, November 27, 2012 10:18:50 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
“It is something that the board is considering. We have heard the cries of our shareholders,” said Anne Mutahi, the bank’s interim-chairperson.

“It is the most priced banking stock and the board should consider a split to make the share more liquid,” said Mr Peter Mwangi, the CEO of Nairobi Securities Exchange.

Transaction advisors to the bank’s rights issue pointed out that one of the challenges they faced was excess demand owing to the unavailability of the shares.

Link
Jamani
#2 Posted : Tuesday, November 27, 2012 10:42:24 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
The intended split is welcomed
S.Mutaga III
#3 Posted : Wednesday, November 28, 2012 10:00:07 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
Am of the opinion that all shares trading above ksh150 should consider splitting.This will enable investors to fit purchases better to their budget.Take williamson tea for instance,(not considering commissions and other charges),if I have 50k to invest,I will only utilise 40k and remain with 10k....which is not good for business
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.