Union Bank PLC. announcements
91 Dhaka Stock Exchange announcements for Union Bank PLC. (UNIONBANK) since 2022: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (28).
- Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Co
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be \'Union Bank PLC.\' instead of \'Union Bank Limited\' with effect from December 12, 2023. Other things (except name) will remain unchanged.
- (Q3 Un-audited): EPS was Tk. 0.52 for July-September, 2023 as against Tk. 0.56 for July-September, 2022; EPS was Tk. 1.3
(Q3 Un-audited): EPS was Tk. 0.52 for July-September, 2023 as against Tk. 0.56 for July-September, 2022; EPS was Tk. 1.35 for January-September, 2023 as against Tk. 1.34 for January-September, 2022. NOCFPS was Tk. 5.31 for January-September, 2023 as against Tk. (0.98) for January-September, 2022. NAV per share was Tk. 15.89 as on September 30, 2023 and Tk. 15.30 as on September 30, 2022. (cont.)
- Q3 Financials
(Continuation news of UNIONBANK): NOCFPS has been increased in compared to that of previous period (Q3, 2022) mainly due to increase in investment income received, decrease in profit paid on deposit and also increase in other liabilities. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 30, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.48 for April-June 2023 as against Tk. 0.44 for April-June 2022; EPS was Tk. 0.84 for January-June 2023 as against Tk. 0.78 for January-June 2022. NOCFPS was Tk. 5.70 for January-June 2023 as against Tk. 1.12 for January-June 2022. NAV per share was Tk. 15.56 as on June 30, 2023 and Tk. 15.24 as on June 30, 2022. The company also informed that NOCFPS has been increased due to increase in investment income received and other liabilities, and decrease in profit paid on deposit.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Alpha Credit Rating Limited (Alpha Rating) has assigned the rating of the Company as \"A+\" in the long term and \"ST-2\
Alpha Credit Rating Limited (Alpha Rating) has assigned the rating of the Company as \"A+\" in the long term and \"ST-2\" in the short term along with Stable outlook based on the audited financial statement as on December 31, 2022 and relevant qualitative information till June 14, 2023.
- Time extension of IPO fund utilization
The company has informed that the Shareholders of the company in its 10th AGM held on June 15, 2023 at 11:00 AM has approved to extend the time for utilizing the IPO fund till June 30, 2024 subject to the approval of Bangladesh Securities and Exchange Commission.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from June 19, 2023 as the Company has approved 5% cash dividend for the year ended December 31, 2022.
- Election of Chairman
The Company has informed that Mr. Ahsanul Alam, nominee of Unique Investment & Securities Limited has resigned from the post of Chairman and Director of Union Bank Limited with effective from June 12, 2023 and as nominee of Unique Investment & Securities Limited Professor Dr. Md. Salim Uddin FCA, FCMA, has been elected as Chairman and Director of Union Bank Limited (subject to approval from Bangladesh Bank).
- Resumption after record date
Trading of the shares of the company will resume on 25.05.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 24.05.2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 22.05.2023 to 23.05.2023 and trading of the shares will be suspended on record date i.e., 24.05.2023.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2021 to the respective shareholders' BO Accounts.
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from May 11, 2023 as the Company has reported disbursement of 5% cash and 5% stock dividend for the year ended December 31, 2021.
- Update of Information
The Company has requested the shareholders to update their respective BO account along with Bank account details, address, contact numbers, mailing address and 12 digits Taxpayer Identification Number (TIN) through Depository Participant before Record Date (i.e. on May 24, 2023).
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.36 for January-March 2023 as against Tk. 0.35 for January-March 2022. NOCFPS was Tk. 4.69 for January-March 2023 as against Tk. (1.36) for January-March 2022. NAV per share was Tk. 15.83 as on March 31, 2023 and Tk. 14.82 as on March 31, 2022. The Company has also informed that NOCFPS has been increased due to increase in investment income received, decreased in profit paid on deposit and also increased in other liabilities.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.05.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend for the year ended December 31, 2022. Date of AGM: 15.06.2023, Time: 11:00 A.M, Venue: Digital Platform. Record Date: 24.05.2023. The Company has also reported EPS of Tk. 1.57, NAV per share of Tk. 15.82, and NOCFPS of Tk. (13.81) for the year ended December 31, 2022 as against Tk. 1.56, Tk. 17.91 and Tk. 9.38 respectively for the year ended December 31, 2021.
- Consent of Bangladesh Bank to declare dividend
Union Bank Limited has informed that Bangladesh Bank has given consent to the bank for declaring dividend for the year ended 31 December 2022 in accordance with the DOS Circular No. 01 dated 07 February 2021 of Bangladesh Bank.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on April 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended March 31, 2023.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on April 30, 2023 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 13.04.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 12.04.2023
- Record date for entitlement of 5% Stock Dividend
Refer to their earlier news disseminated by DSE on 03.04.2023 regarding BSEC Consent for issuance of 5% Stock Dividend, the Company has informed that the Board of Directors has fixed the Record date on 12.04.2023 for entitlement of the aforesaid Bonus Shares.
- Spot for entitlement of 5% Stock Dividend
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 10.04.2023 to 11.04.2023 and trading of the shares will remain suspended on record date i.e.,12.04.2023.
- BSEC Consent for issuance of 5% Stock Dividend
Refer to their earlier news disseminated by DSE on 05.05.2022 regarding Dividend Declaration, BSEC has accorded its consent for raising of paid-up capital through issuance of 5% Stock Dividend for the year ended December 31, 2021. Record date for entitlement of aforesaid Bonus Shares will be notified later.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.