Oct 24, 2005
10:1
For every share held, investors received 10. The price per share adjusted from $7.42 to $0.74.
The split itself did not change the total investment value.
Confidence Petroleum India Limited (BSE:CONFIPET) operates in the Specialty stores industry.
Confidence Petroleum India Limited company overviewConfidence Petroleum India Limited's most recent stock split was on October 24, 2005. It was a 10-for-1 forward split, so shareholders received 10 shares for every share they held.
Confidence Petroleum India Limited has split its stock once. This history records one forward split, on October 24, 2005.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Confidence Petroleum India Limited's 10-for-1 split on October 24, 2005, every share became 10 shares.
Confidence Petroleum India Limited has not announced a new split in our records. Its most recent split was on October 24, 2005, 20 years ago. Companies announce splits in advance, and any new BSE:CONFIPET split will appear on this page.
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