Jul 30, 2008
2:5
For every 5 shares held, investors received 2. The price per share adjusted from $23.15 to $57.87.
The split itself did not change the total investment value.
Diana Tea Co. Ltd. (BSE:DIANATEA) operates in the Agricultural commodities/Milling industry.
Diana Tea Co. Ltd. company overviewDiana Tea Co. Ltd.'s most recent stock split was on July 30, 2008. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Diana Tea Co. Ltd. (BSE:DIANATEA) has split its stock 3 times: a 5-for-1 split on June 13, 2005, a 5-for-2 split on August 24, 2005, and a 2-for-5 reverse split on July 30, 2008.
Diana Tea Co. Ltd. has split its stock 3 times. This history records 3 splits between June 13, 2005 and July 30, 2008.
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 Diana Tea Co. Ltd.'s 2-for-5 reverse split on July 30, 2008, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Diana Tea Co. Ltd. has not announced a new split in our records. Its most recent split was on July 30, 2008, 18 years ago. Companies announce splits in advance, and any new BSE:DIANATEA split will appear on this page.
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