Everest Bank's share price adjusted, new price stands at Rs 692.86
NEPSE has adjusted the share price of Everest Bank Limited based on a 5 percent bonus share. After adjustment, the bank's share price stands at Rs 692.86 per share. Trading in the secondary market will open at this price from Thursday.
Nepal Stock Exchange (NEPSE) has adjusted the share price of Everest Bank Limited. Following the bank's book closure for the purpose of its annual general meeting and dividend distribution, NEPSE adjusted the share price and determined a new price.
NEPSE has adjusted the bank's 5 percent bonus share. After adjustment, the bank's share price stands at Rs 692.86. NEPSE adjusted the bank's share price based on the last trading day's closing price. On the previous trading day, Wednesday, the bank's share was last traded in the secondary market at Rs 727.50 per share.
Based on the adjusted price, the bank's shares will open for trading in the secondary market today (Thursday).
The bank has called its 32nd Annual General Meeting on Ashoj 14, Wednesday, at Amrapali Banquet, Bhatbhateni, Kathmandu. The meeting will pass a special resolution to distribute a 5 percent bonus share on the current paid-up capital and a 10 percent cash dividend (including tax purposes).