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

To contact the editor responsible for this story: Hari Govind at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.