Apr 23, 2007
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $16.45 to $329.00.
The split itself did not change the total investment value.
Citurgia Biochemicals Limited (BSE:CITURGIA) operates in the Chemicals: specialty industry.
Citurgia Biochemicals Limited company overviewCiturgia Biochemicals Limited's most recent stock split was on April 23, 2007. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Citurgia Biochemicals Limited has split its stock once. This history records one reverse split, on April 23, 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 Citurgia Biochemicals Limited's 1-for-20 reverse split on April 23, 2007, every 20 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.
Citurgia Biochemicals Limited has not announced a new split in our records. Its most recent split was on April 23, 2007, 19 years ago. Companies announce splits in advance, and any new BSE:CITURGIA split will appear on this page.
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