Feb 22, 2013
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.21 to $10.50.
The split itself did not change the total investment value.
Fourth Generation Information Systems Ltd. (BSE:4THGEN) operates in the Packaged software industry.
Fourth Generation Information Systems Ltd. company overviewFourth Generation Information Systems Ltd.'s most recent stock split was on February 22, 2013. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Fourth Generation Information Systems Ltd. has split its stock once. This history records one reverse split, on February 22, 2013.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Fourth Generation Information Systems Ltd.'s 1-for-50 reverse split on February 22, 2013, every 50 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Fourth Generation Information Systems Ltd. has not announced a new split in our records. Its most recent split was on February 22, 2013, 13 years ago. Companies announce splits in advance, and any new BSE:4THGEN split will appear on this page.
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