Jan 19, 2024
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
Clenon Enterprises Ltd (BSE:CLENON) operates in the Electrical products industry.
Clenon Enterprises Ltd company overviewClenon Enterprises Ltd's most recent stock split was on January 19, 2024. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Clenon Enterprises Ltd has split its stock once. This history records one reverse split, on January 19, 2024.
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 Clenon Enterprises Ltd's 1-for-40 reverse split on January 19, 2024, every 40 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.
Clenon Enterprises Ltd has not announced a new split in our records. Its most recent split was on January 19, 2024, 2 years ago. Companies announce splits in advance, and any new BSE:CLENON split will appear on this page.
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