Dec 26, 2007
3:4
For every 4 shares held, investors received 3. The price per share adjusted from $209.35 to $279.13.
The split itself did not change the total investment value.
CEAT Limited (BSE:CEATLTD) operates in the Automotive aftermarket industry.
CEAT Limited company overviewCEAT Limited's most recent stock split was on December 26, 2007. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
CEAT Limited (BSE:CEATLTD) has split its stock 2 times: a 635-for-576 split on December 2, 2005 and a 3-for-4 reverse split on December 26, 2007.
CEAT Limited has split its stock 2 times. This history records 2 splits between December 2, 2005 and December 26, 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 CEAT Limited's 3-for-4 reverse split on December 26, 2007, every 4 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
CEAT Limited has not announced a new split in our records. Its most recent split was on December 26, 2007, 18 years ago. Companies announce splits in advance, and any new BSE:CEATLTD split will appear on this page.
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