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Printcare Gains in Colombo After Stock-Split, Dividend Offers

Printcare Plc (CARE) rose to a 52-week high in Colombo trading after saying it plans to divide each stock into five. Separately, the company said it will pay a final dividend of 2.50 rupees a share.

Printcare rose as much as 33 percent and was trading 21 percent higher at 318 rupees at 10:17 a.m. local time.

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

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