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ENL is a broad-based conglomerate with interests in most sectors of the Mauritius economy listed on the Stock Exchange of Mauritius.It operates in Agro-industry, Real Estate, Hospitality, Logistics, Finance & technology, Commerce and Industry sectors with a diverse portfolio of more than 120 brands and employs over 7,000 people.
Location of Mauritius. Mauritius is an island nation in the Indian Ocean about 2,000 kilometres (1,200 mi) off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy.
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A split share corporation is a corporation that exists for a defined period of time to transform the risk and investment return (capital gains, dividends, and possibly also profits from the writing of covered options) of a basket of shares of conventional dividend-paying corporations into the risk and return of the two or more classes of publicly traded shares in the split share corporation.
In a reverse stock split, a company reduces the number of shares outstanding, boosting the share price. For example, with a 1:3 stock split, the number of shares is divided by three while the ...
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There appears to be some pressure for a stock split for Home Depot. Few stocks have matched its track record for overall returns (total return of 421% over the past decade compared to the S&P 500 ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.