NASSAU, BAHAMAS- Doctors Hospital Health System Limited has announced a two-for-one stock split, aimed at boosting shareholder value and making its shares more affordable for investors.
The move comes after shareholders approved the split at the Annual General Meeting on December 31, 2024. Shareholders of record as of March 20, 2025, will receive an additional share for each one they currently hold. The adjusted shares will begin trading on the Bahamas International Securities Exchange on April 1, 2025, and the updated shareholder register will be finalized by April 3, 2025, with notices sent to shareholders shortly after.
Felix Stubbs, Chairman of the Board, said, “We are pleased to announce this stock split, which reflects the continued growth and financial strength of Doctors Hospital. This initiative enhances market accessibility and allows more investors, including retail shareholders, to participate in our long-term success.”
Dr. Charles W. Diggiss, President & CEO, added, “This stock split supports our strategy to increase liquidity, attract more investors, and make our shares more affordable. As we expand our services and strengthen our position as the leading healthcare provider in The Bahamas, we remain focused on driving long-term shareholder value.”