The Record Date for the 1:5 Stock Split is Established for May 15 by Canara Bank!

Canara Bank Sets Record Date for Stock Split

Canara Bank announces May 15 as the record date for a 1:5 stock split to enhance liquidity. The split divides each share into five with a face value of ₹2.

Investors to Benefit from Canara Bank's Stock Split

With a record date of May 15, 2024, Canara Bank aims to make its shares more accessible for retail investors, following board approval in February.
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Canara Bank's Positive Performance

Investors enjoy nearly 51% returns over the past year. The stock split aims to further enhance liquidity, potentially attracting more investors to Canara Bank.
Canara Bank's stock witnessed a slight decline of 0.95% post-announcement, trading at ₹578.00. However, the move is expected to positively impact the bank's market accessibility and investor base.

Market Response to Canara Bank's Stock Split

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