Apr 16, 2008
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $19.74 to $39.48.
The split itself did not change the total investment value.
Apt Packaging Ltd (BSE:APTPACK) operates in the Miscellaneous manufacturing industry.
Apt Packaging Ltd company overviewApt Packaging Ltd's most recent stock split was on April 16, 2008. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Apt Packaging Ltd has split its stock once. This history records one reverse split, on April 16, 2008.
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 Apt Packaging Ltd's 1-for-2 reverse split on April 16, 2008, every 2 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.
Apt Packaging Ltd has not announced a new split in our records. Its most recent split was on April 16, 2008, 18 years ago. Companies announce splits in advance, and any new BSE:APTPACK split will appear on this page.
Already premium?