The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AK
This is the date on which a declared share dividend is made or scheduled to be made. It is only payable to those shareholders who bought the shares before the ex-dividend date.
Reverse Stock Split
This is a reduction in the number of shares that increases the par value of its shares and its earnings per share. The market capitalization of the company does not change at all. Example; in a one-for-two reverse split, a person who previously held 100 shares valued at KES 10, will now have 50 shares valued at KES 20.
Share Repurchase Plan
This is a program through which a company buys back its own shares from the open market. This is normally because the management believes that the shares are undervalued, or wants to reduce the shares outstanding (i.e. supply) so as to increase the earnings per share. A share repurchase plan tends to elevate the market value of the shares.
Staying Power
This is the ability of the investor to hold on to a share, even when its price has fallen, for an eventual recovery and is crucial in any investment strategy. One of the golden rules of investment in the stock market therefore is: Do not invest in shares money which you may need.
Record Date
An issuer of shares establishes a record date by which the shareholders must officially own shares so as to qualify for dividend distribution or entitlements to bonus or rights issues.
Investor Word
Payment Date
This is the date on which a declared share dividend is made or scheduled to be made. It is only payable to those shareholders who bought the shares before the ex-dividend date.
Reverse Stock Split
This is a reduction in the number of shares that increases the par value of its shares and its earnings per share. The market capitalization of the company does not change at all. Example; in a one-for-two reverse split, a person who previously held 100 shares valued at KES 10, will now have 50 shares valued at KES 20.
Share Repurchase Plan
This is a program through which a company buys back its own shares from the open market. This is normally because the management believes that the shares are undervalued, or wants to reduce the shares outstanding (i.e. supply) so as to increase the earnings per share. A share repurchase plan tends to elevate the market value of the shares.
Staying Power
This is the ability of the investor to hold on to a share, even when its price has fallen, for an eventual recovery and is crucial in any investment strategy. One of the golden rules of investment in the stock market therefore is: Do not invest in shares money which you may need.
Record Date
An issuer of shares establishes a record date by which the shareholders must officially own shares so as to qualify for dividend distribution or entitlements to bonus or rights issues.