Nov 12, 2007
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $9.70 to $48.50.
The split itself did not change the total investment value.
Faze Three Ltd. (BSE:FAZE3Q) operates in the Textiles industry.
Faze Three Ltd. company overviewFaze Three Ltd.'s most recent stock split was on November 12, 2007. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Faze Three Ltd. (BSE:FAZE3Q) has split its stock 3 times: a 5-for-1 split on July 22, 2005, a 5-for-2 split on November 24, 2005, and a 1-for-5 reverse split on November 12, 2007.
Faze Three Ltd. has split its stock 3 times. This history records 3 splits between July 22, 2005 and November 12, 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 Faze Three Ltd.'s 1-for-5 reverse split on November 12, 2007, every 5 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.
Faze Three Ltd. has not announced a new split in our records. Its most recent split was on November 12, 2007, 18 years ago. Companies announce splits in advance, and any new BSE:FAZE3Q split will appear on this page.
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