ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ULVR Unilever Plc

4,140.00
35.00 (0.85%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Unilever Plc LSE:ULVR London Ordinary Share GB00B10RZP78 ORD 3 1/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  35.00 0.85% 4,140.00 4,132.00 4,133.00 4,152.00 4,105.00 4,111.00 3,749,822 16:35:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Perfume,cosmetic,toilet Prep 59.6B 6.49B 2.5958 15.92 103.28B

Unilever Indonesia Plans Stock Split to Appeal to Retail Investors

30/09/2019 11:54am

Dow Jones News


Unilever (LSE:ULVR)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Unilever Charts.

By Ben Otto

 

Unilever Indonesia (UNVR.JK) is planning a stock split to make its shares attractive to more investors, the company said Monday.

"The company considers the current [Unilever Indonesia] share price quite high," Corporate Secretary Sancoyo Antarikso said in a statement. "We hope that with this stock split the price [of shares] will become more affordable for most retail investors."

The consumer-goods maker, majority owned by Unilever NV (UN), said it would consider a proposal for a split at a shareholders meeting. It didn't specify a split ratio or a timeline for the move.

The company's share price is among the highest of firms listed on the Indonesian stock exchange.

Shares last traded down 1.1% at 46,500 rupiah, giving Unilever Indonesia a market capitalization of IDR354.032 trillion ($24.99 billion).

Year to date, shares are up 2.4%, ahead of the broader market's 0.4% decline.

 

Write to Ben Otto at ben.otto@wsj.com

 

(END) Dow Jones Newswires

September 30, 2019 06:39 ET (10:39 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Unilever Chart

1 Year Unilever Chart

1 Month Unilever Chart

1 Month Unilever Chart

Your Recent History

Delayed Upgrade Clock