The Tribune

Doctors Hospital says it is today unveiling a two-for-one (2:1) stock split to boost liquidity in its stock and make the price more accessible and affordable for retail investors.

The BISX-listed healthcare provider, in a statement, said the stock split follows shareholder approval at its latest annual general meeting (AGM), held on December 31, 2024. Shareholders of record as at Thursday, March 2025, will be eligible to receive an extra share for each share they hold at that date.

Doctors Hospital’s ordinary shares will begin trading on the Bahamas International Securities Exchange (BISX) on a split-adjusted basis on April 1, 2025. At the end of that trading day, on April 3, 2025, the share register will be updated and thereafter corresponding notices will be mailed to shareholders.

“We are pleased to announce this stock split, which reflects the continued growth and financial strength of Doctors Hospital,” said Felix Stubbs, Doctors Hospital’s chairman. “This initiative enhances market accessibility and ensures that more investors, including retail shareholders, can participate in the long-term success of our company.”

“Our stock split aligns with our strategy to increase liquidity, attract more investors and make our shares more affordable,” said Dr Charles W. Diggiss, president and chief executive of Doctors Hospital. “As we continue to expand our services and strengthen our position as the leading healthcare provider in the private sector in The Bahamas, we remain committed to driving long- term shareholder value.”