NEPSE Adjusts Share Prices of Global IME Bank and Nepal Lube Oil
Summary
NEPSE has adjusted the share prices of Global IME Bank and Nepal Lube Oil after the companies announced bonus shares ahead of their annual general meetings. Global IME Bank’s adjusted price is Rs. 250.87 per share and Nepal Lube Oil’s is Rs. 241.22 per share.
Key Points
- NEPSE adjusted the share prices of Global IME Bank and Nepal Lube Oil following their announced bonus shares.
- Global IME Bank’s price was adjusted for a 4% bonus share, while Nepal Lube Oil’s was adjusted for a 15% bonus share.
- After the adjustment, Global IME Bank’s share price stands at Rs. 250.87 and Nepal Lube Oil’s at Rs. 241.22 per share.
- Both companies will close their books on September 21, and trading will resume at the adjusted prices in the secondary market.
