Sampath Bank goes for 1 into 3 share split

Thursday, 28 January 2021 02:08 - - {{hitsCtrl.values.hits}}

Sampath Bank PLC yesterday announced a share sub division on the basis of 1 into 3.

The number of shares in issue is 381.45 million and post sub division it will be 1.14 billion shares.

The share split was announced after the market was closed. The share price of Sampath Bank yesterday declined by Rs. 3.50 or 2% to Rs. 166.75. Only 0.6 million shares of Sampath Bank changed hands via 706 trades for Rs. 111.7 million.

The public float of Sampath Bank is 90.6% held by 25,481 shareholders.