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SBP Clears UBL Stock Split 2 for 1

Summary by AUGAF
Islamabad May 23 2025: United Bank Limited, has obtained “No objection” certificate from State Bank of Pakistan for subdivision of bank’s share capital. On May 16, 2025, the shareholders of United Bank Limited (“Bank”) had approved the subdivision of the Bank’s existing share capital, comprising authorized, issued, and paid-up capital, such that each one (01) ordinary share of face value of PKR 10/- would be subdivided into two (02) ordinary sha…
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AUGAF broke the news in on Friday, May 23, 2025.
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