MPBS Announces Stock Split, Aiming to Boost Liquidity and Accessibility
The MPBS company informs its shareholders that its Extraordinary General Assembly, held on June 14, 2025, has approved the split of its nominal share value, reducing it from 2 to 1 TND. This operation takes effect as of today, July 15, 2025, bringing the total number of listed shares on the market to 20,668,860.
Since the beginning of the year, MPBS shares have shown a positive performance with a return of +17.6%. A total of 1,419,195 shares have been exchanged for a global value of 16.224 million dinars. Considering that the float corresponds to shareholders holding less than 5% of the capital, i.e., 3,832,996 shares as of June 14, 2025, this means that 37% of the float has already been exchanged, highlighting the significant liquidity of the title.
The objective of the split is to further consolidate liquidity and increase trading volume, making the share more accessible, particularly to individual investors. It is essential to note that this operation has no impact on the company's overall valuation. It simply divides the shares into smaller units, without modifying the capital structure.
Historically, on the Tunisian market as well as internationally, split operations are often followed by an appreciation of the share price, a phenomenon known as the "announcement premium." Although this increase has no direct economic basis, it often reflects a positive market perception and confidence in the company's growth prospects, particularly among individual investors. In contrast, institutional investors remain focused on the overall invested value rather than the unit price of the share.
It remains to be seen how significant the announcement premium will be for MPBS in the coming days. To be continued.
