๐ฟ KPI Green Energy Share Price Update: 24 May 2024 ๐
๐ KPI Green Energy has announced a stock split, with the company dividing 1 share into 2 shares. On Thursday, the company’s shares were trading around โน1,928 with a growth of more than 2.5%. The decision to split the stock was made during the company’s board meeting on Thursday.
๐ The company will split the stock into 2 shares for investors at an indicated price of โน5 each and one share at an indicated price of โน10. This is the first time the company has decided to split its stock. The company will soon announce the record date for the stock split after shareholder approval.
๐ฐ On Friday, the share was trading at around โน1,875 with a decrease of 1.06%. KPI Green Energy has also announced its first dividend, declaring a final dividend of 2% on equity shares at an indicated price of โน10 for FY24. Information about the record date will be available after the company’s annual general meeting.
๐ If you look at the stock movement, it has dropped by more than 3% in the last five days, but has gained over 140% in the past six months and 433% in the last year. The stock was listed in April 2022 and has seen a whopping 992% surge since then.
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