Maib 100:1 stock split takes effect
Maib 100:1 stock split takes effect
Following the approval by the Extraordinary General Shareholders Meeting in December 2022, maib has instituted a 100:1 stock split. All necessary regulatory approvals have now been obtained.
On 31 January 2023 The National Commission for Financial Markets (NCFM) has approved the split of the maib shares. Further approval of change to the Bank’s statutory documents has been received from the National Bank of Moldova. The changes have been applied to the shareholder registry at Central Depositary (DCU). 100:1 stock split entails a reduction of nominal value per share from MDL 200 to MDL 2, while increasing the number of shares by times 100 for each shareholder.
Stock split is a nominal exercise, which does not change the value of the shareholding. The split was carried out to enhance the liquidity and accessibility of Maib shares, making it easier for investors to buy and sell them on the market. In connection with the stock split, the trading price of Maib shares will also be adjusted proportionally to the decrease in nominal value.
Shareholder Relations
Marcel Lazăr
Email: Marcel.lazar@maib.md
Phone: +373 22 303 615, +373 22 303 618
Maib Investor Relations
Evgenii Risovich
Email: Evgenii.Risovich@maib.md
Phone: +373 68 403 477
Upcoming Investor Events
- 18 May – 1Q 2023 Financial Results Release and Conference Call
Recent Investor Relations Releases
- Maib executives complete Stanford Graduate School of Business Leadership program
- Maib's 2022 financial results: gaining market share, well-capitalized and growing profitability – Investor Relations
If you no longer want to receive further notifications please send an email to IR@maib.md with the text "unsubscribe"