Century Paper & Board Mills Announces Substantial Bonus Issue

Karachi, Century Paper & Board Mills Ltd. (CEPB) has declared an 80% bonus issue after a 15% dividend and a 15% bonus earlier in the year. The company's paid-up capital stands at Rs. 4,017.13 million. Shares traded at a high of Rs. 57.39 and a low of Rs. 22.48, with a daily weighted average rate of Rs. 38.51. Since its listing in 1990, Century Paper & Board Mills has seen a turnover of 71,726,000 shares, with earnings per share of Rs. 16.78.