1:10 Share Split Approved for NMB Bank Plc
Latest Tanzania finance news · 1:10 Share Split Approved for NMB Bank Plc explained · 2026 updates · updated Aug 4, 2026 · economy news · GDP · investment
TLDR
- The Capital Markets and Securities Authority (CMSA) approved a 1:10 share split for NMB Bank Plc ordinary shares on July 24, 2026.
- Shares begin trading at cum-split status as of Monday, July 27, 2026, last day of cum split trading August 19, 2026.
- Post-split trading will officially commence on the effective date of Monday, August 24, 2026.
- On Wednesday 29th July 2026, the Central Bank was in the market offering 111.15bn/- in the competitive window and 27.800 billion in the non-competitive to investors for a new 2-Year Treasury bond offering a 9.5 per cent.
- On the equities side, the momentum built this week is likely to carry into the first half of August, but we expect market attention to increasingly center on NMB Bank ahead of its 1:10 share split.