Bonus Shares of Citizen Life Insurance Company Limited Listed in NEPSE

1,06,25,000 unit bonus shares of Citizen Life Insurance Company Limited (CLI) have been listed in NEPSE.

The company convened its 8th AGM on 15th Chaitra, 2081, and endorsed a 28.40% dividend from the profits of FY 80/81 for shareholders. The 115th Board of Directors meeting held on Falgun 8 had proposed a 28.40434698% dividend for the fiscal year 2080/81. This included 26.98412698% bonus shares and 1.42022% cash dividends. Accordingly, the bonus shares were worth Rs. 1.06 Arba, and the cash dividend (including tax) was worth Rs. 5.59 crore. The company's existing paid-up capital stood at Rs. 3.93 Arba.

The same bonus shares are now listed in NEPSE.

As of writing, CLI has an LTP of Rs. 488.70.