Jun 14, 2012
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $7.11 to $14.22.
The split itself did not change the total investment value.
Foundry Fuel Products Ltd (BSE:FFPL) operates in the Coal industry.
Foundry Fuel Products Ltd company overviewFoundry Fuel Products Ltd's most recent stock split was on June 14, 2012. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Foundry Fuel Products Ltd has split its stock once. This history records one reverse split, on June 14, 2012.
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 Foundry Fuel Products Ltd's 1-for-2 reverse split on June 14, 2012, every 2 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.
Foundry Fuel Products Ltd has not announced a new split in our records. Its most recent split was on June 14, 2012, 14 years ago. Companies announce splits in advance, and any new BSE:FFPL split will appear on this page.
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