City Union Bank shares plunged over 23% on June 12 due to a 1:3 bonus issue adjustment. Despite the apparent drop, shares rose 8% post-adjustment, reflecting positive investor sentiment. This bonus issue is the bank's first in eight years.
City Union Bank shares plunged over 23% on June 12 due to a 1:3 bonus issue adjustment. Despite the apparent drop, shares rose 8% post-adjustment, reflecting positive investor sentiment. This bonus issue is the bank's first in eight years.
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