Malawi Stock Exchange (MSE)-listed Press Corporation (PCL) plc says the approved subdivision of its share price will enhance the stock’s marketability and increase the volume of shares for trading. With the current share price, it means PCL subdivided shares could be priced at K272 per share. To illustrate further, the share subdivision means that a shareholder holding 1 000 shares will hold 35 000 shares after the implementation of the proposed subdivision. Imagine someone who has 1 000 shares, will see the shares rising to 35 000,” he said. PCL share price split proposal comes a year after Standard Bank plc successfully subdivided its shares into the multiple of five, thereby reducing its share value.