PCL Stock Split Makes Shares Accessible | Malawi News

Malawi News Today | 2 Min News | The Daily News Now! · Sep 14, 2026 · 1m

Press Corporation just pulled off a bold stock split—35 new shares for every old one—to make its Malawi-listed shares more accessible, slashing the price from over 9,000 kwacha to around 300 kwacha. CEO Ronald Mangani says it’s about revealing the company’s true value and welcoming more retail investors without changing ownership stakes. With major shareholders like Press Trust and Old Mutual unaffected, the total shares jumped from 120 million to over 4 billion. Experts call it a smart move that could boost liquidity, attract everyday investors, and set the stock on a more stable…