wazua Thu, Jul 24, 2025
Welcome Guest Search | Active Topics | Log In

CALCULATING SHARE SPLIT
lovely2010
#1 Posted : Thursday, March 17, 2011 1:18:50 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
I was wondering if I have 500 shares of barclays and they are giving a split of 4 will I have a total of 500*4=2000 shares or will I have a total of 500*4+500=2500 shares. Please I need clarifications...
amolo
#2 Posted : Thursday, March 17, 2011 1:25:43 PM
Rank: Member


Joined: 1/29/2007
Posts: 70
You get 4 shares for every one share held. Where does the +500 come from? If you end up with 2,500 it would mean 5 shares for every one held!
lovely2010
#3 Posted : Thursday, March 17, 2011 1:30:36 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
amolo wrote:
You get 4 shares for every one share held. Where does the +500 come from? If you end up with 2,500 it would mean 5 shares for every one held!


I thought it will be 2000 plus the 500 that I already have to make 2500...Maybe I got it wrong Im not familiar with splits...
hello
#4 Posted : Thursday, March 17, 2011 2:43:31 PM
Rank: Member


Joined: 6/11/2008
Posts: 257
Guys

What is the meaning of par value. Right now its 2.00 and after split it will be .50

Does it make any difference ?

And if split is 4 to every 1 held.
Does it mean there will be toooooooooo many shares floating in the market at discounted price ?
I want to be a millionaire.
lovely2010
#5 Posted : Thursday, March 17, 2011 3:19:38 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
hello wrote:
Guys

What is the meaning of par value. Right now its 2.00 and after split it will be .50

Does it make any difference ?

And if split is 4 to every 1 held.
Does it mean there will be toooooooooo many shares floating in the market at discounted price ?


After the split the shares will definately be many, 4times I think of what we have now. I think if we have 1,000,000 shares of bbk it will be 4'000,000 after the split and the price will be 1/4 of the current price. which will be around 15bob. Per value in my understanding I think if bbk goes downunder you'll be paid .50 cents per share. ie everything will go down after the split but I think it will be the time to get in....
mukiha
#6 Posted : Thursday, March 17, 2011 3:45:06 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
You have to read the wording of the statement very carefully;

Splits are usually announced as "a ratio of X-to-Y"; meaning every X number of shares will become Y. E.g., 1-to-4 means, every one will become 4.

Bonus shares are announced as "X for every Y" held; meaning you get X additional shares for every Y that you own. E.g., 4 for every 1 means you get 4 in addition to the 1 making a total of 5.

Now, the Barclays announcement is confusing; it says "ratio of 4 for every 1 held". This can mean what @lovely2010 [will you change to lovely2011?] thinks; i.e., you get 2,000 new shares plus your original 500 to make 2,500.

However, the announcement goes on to say that the Par value of the shares will be changed fro Sh2.00 to Sh0.50. Now with 500 shares, your are holding Sh1,000 of the company's share capital [@hello; par value is the amount of share capital represented by one share].

When the par value changes to Sh0.5, you will have a total of 1,000/0.5 = 2,000 shares. This now agrees with @Amollo's argument.

Nevertheless; the wording can be challenged during the AGM just to make sure they consult grammar experts before releasing the announcements.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
lovely2010
#7 Posted : Thursday, March 17, 2011 4:03:29 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
mukiha wrote:
You have to read the wording of the statement very carefully;

Splits are usually announced as "a ratio of X-to-Y"; meaning every X number of shares will become Y. E.g., 1-to-4 means, every one will become 4.

Bonus shares are announced as "X for every Y" held; meaning you get X additional shares for every Y that you own. E.g., 4 for every 1 means you get 4 in addition to the 1 making a total of 5.

Now, the Barclays announcement is confusing; it says "ratio of 4 for every 1 held". This can mean what @lovely2010 [will you change to lovely2011?] thinks; i.e., you get 2,000 new shares plus your original 500 to make 2,500.

However, the announcement goes on to say that the Par value of the shares will be changed fro Sh2.00 to Sh0.50. Now with 500 shares, your are holding Sh1,000 of the company's share capital [@hello; par value is the amount of share capital represented by one share].

When the par value changes to Sh0.5, you will have a total of 1,000/0.5 = 2,000 shares. This now agrees with @Amollo's argument.

Nevertheless; the wording can be challenged during the AGM just to make sure they consult grammar experts before releasing the announcements.


X=Y Find X...no wonder I failed mathematics...
hello
#8 Posted : Thursday, March 17, 2011 4:30:41 PM
Rank: Member


Joined: 6/11/2008
Posts: 257
mukiha wrote:
You have to read the wording of the statement very carefully;

Splits are usually announced as "a ratio of X-to-Y"; meaning every X number of shares will become Y. E.g., 1-to-4 means, every one will become 4.

Bonus shares are announced as "X for every Y" held; meaning you get X additional shares for every Y that you own. E.g., 4 for every 1 means you get 4 in addition to the 1 making a total of 5.

Now, the Barclays announcement is confusing; it says "ratio of 4 for every 1 held". This can mean what @lovely2010 [will you change to lovely2011?] thinks; i.e., you get 2,000 new shares plus your original 500 to make 2,500.

However, the announcement goes on to say that the Par value of the shares will be changed fro Sh2.00 to Sh0.50. Now with 500 shares, your are holding Sh1,000 of the company's share capital [@hello; par value is the amount of share capital represented by one share].

When the par value changes to Sh0.5, you will have a total of 1,000/0.5 = 2,000 shares. This now agrees with @Amollo's argument.

Nevertheless; the wording can be challenged during the AGM just to make sure they consult grammar experts before releasing the announcements.


Thanks Mukhia
I want to be a millionaire.
lovely2010
#9 Posted : Wednesday, March 30, 2011 9:12:31 AM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
Im just wondering where did wazua get their info from, could be misleading since most people depend on wazua site, just a thought...

According to wazua website:

Final dividend of KShs 4.70. Books closure 15-Mar-2011. Payment 27-May-2011 - [22 Feb 2011]

Share Split in the ratio 4 for every 1 held on 22-Feb-2011. Books closure 15-Mar-2011. - [22 Feb 2011]

According to nse website:

Barclays Bank announced a Final dividend of shs.4.70 on 22-Feb-2011. Books closure 15-Mar-2011. Payment27May-2011

Barclays Bank announced a Share Split in the ratio 4 for every 1 held on 22-Feb-2011. Books closure 30-May-2011. Shares Split available for trading on 13-Jun-2011.



jerry
#10 Posted : Wednesday, March 30, 2011 10:33:17 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@Lovely2010. All energy comes from the sun! Wazua got the info from Barclays. The latter changed the date later from 15th Mar to 30th May. What about par values, EPS and dividends on websites?
The opposite of courage is not cowardice, it's conformity.
Impunity
#11 Posted : Wednesday, March 30, 2011 10:47:59 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
jerry wrote:
@Lovely2010. All energy comes from the sun! Wazua got the info from Barclays. The latter changed the date later from 15th Mar to 30th May. What about par values, EPS and dividends on websites?


So we gonna wait till end of May to get the split shares?Shietest!!!And why did they have to split the shares anyway.
Shame on you Shame on you Shame on you
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

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.