Cosumar
CSR
CSR
Casablanca Stock Exchange (CSE) has issued a notice regarding the stock split of Cosumar shares, according to the company’s statement.
CSE has declared that the characteristics of Cosumar shares after the split process include the value label ‘COSUMAR’, its value code ‘4100’, stock ticker symbol ‘CSR’, with a new ISIN of ‘MA0000012247’.
In addition, its new nominal value is ‘10.00’, the number of shares after Split is ‘41.910.570’, and the new minimum block size is ‘50.000’.
Casablanca Bourse has announced in its statement that on January 7, 2015, the CSE will “Clear the order book for the security, adjust the reference price for the security according to the following formula: adjusted reference price = last trading price of the old shares on the day before the date of the exchange divided by 10, and the listing of the shares with the new nominal value.”
Photo Credit: Arabianeye-Reuters
CSE has declared that the characteristics of Cosumar shares after the split process include the value label ‘COSUMAR’, its value code ‘4100’, stock ticker symbol ‘CSR’, with a new ISIN of ‘MA0000012247’.
In addition, its new nominal value is ‘10.00’, the number of shares after Split is ‘41.910.570’, and the new minimum block size is ‘50.000’.
Casablanca Bourse has announced in its statement that on January 7, 2015, the CSE will “Clear the order book for the security, adjust the reference price for the security according to the following formula: adjusted reference price = last trading price of the old shares on the day before the date of the exchange divided by 10, and the listing of the shares with the new nominal value.”
Photo Credit: Arabianeye-Reuters
Source:
Mubasher
