Sep 27, 2013
2:1
For every share held, investors received 2. The price per share adjusted from $26.70 to $13.35.
The split itself did not change the total investment value.
Alembic Limited (BSE:ALEMBICLTD) operates in the Pharmaceuticals: major industry.
Alembic Limited company overviewAlembic Limited's most recent stock split was on September 27, 2013. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Alembic Limited (BSE:ALEMBICLTD) has split its stock 6 times: a 13-for-12 split on June 10, 1996, a 10-for-1 split on July 26, 1999, a 13-for-12 split on December 10, 2003, a 3-for-1 split on March 25, 2004, a 5-for-1 split on September 26, 2006, and a 2-for-1 split on September 27, 2013.
Alembic Limited has split its stock 6 times. This history records 6 forward splits between June 10, 1996 and September 27, 2013.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Alembic Limited's 2-for-1 split on September 27, 2013, every share became 2 shares.
Alembic Limited has not announced a new split in our records. Its most recent split was on September 27, 2013, 13 years ago. Companies announce splits in advance, and any new BSE:ALEMBICLTD split will appear on this page.
Already premium?