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VERIFIEDMint Markets·neutral

Did City Union Bank share price really crash 23% in today's trade? Here's what happened

AI Summary
  • ·City Union Bank shares saw a 23% drop on June 12 due to a 1:3 bonus issue adjustment.
  • ·Following the adjustment, shares increased by 8%.
  • ·This marks the bank's first bonus issue in eight years.
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