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VERIFIEDET Stocks·neutral

Did City Union Bank shares really crash 23% in one day? Here's how the bonus math works

AI Summary
  • ·City Union Bank shares appeared to fall 23% after turning ex-bonus following its 1:3 bonus issue.
  • ·The decline was purely technical, with adjusted prices showing the stock actually gained on the day.
  • ·The move reflects share price recalibration, not value erosion, as the bank continues to post steady financial performance.
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