🌎 Latin America 2d ago

Seprod surges 20% as company seeks approval for 5-for-1 stock split

Jamaica Observer
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Seprod surges 20% as company seeks approval for 5-for-1 stock split
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SEPROD Limited’s share price surged nearly 20 per cent Wednesday after the manufacturing and distribution group announced plans to restructure its share capital, including a proposed five-for-one stock split and a resolution authorising the company to raise fresh equity.

The stock was trading at $77.99, up $12.86, or about 19.7 per cent, with 166,914 shares changing hands.

The movement follows Seprod’s announcement that it has called an extraordinary general meeting for shareholders to vote on

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