Apr 16, 2007
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.66 to $6.64.
The split itself did not change the total investment value.
Betala Global Securities Ltd. (BSE:BETALA) operates in the Investment banks/Brokers industry.
Betala Global Securities Ltd. company overviewBetala Global Securities Ltd.'s most recent stock split was on April 16, 2007. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Betala Global Securities Ltd. has split its stock once. This history records one reverse split, on April 16, 2007.
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 Betala Global Securities Ltd.'s 1-for-4 reverse split on April 16, 2007, every 4 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.
Betala Global Securities Ltd. has not announced a new split in our records. Its most recent split was on April 16, 2007, 19 years ago. Companies announce splits in advance, and any new BSE:BETALA split will appear on this page.
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