Jul 25, 2011
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $17.95 to $71.80.
The split itself did not change the total investment value.
First Fintec Limited (BSE:FIRSTFIN) operates in the Information technology services industry.
First Fintec Limited company overviewFirst Fintec Limited's most recent stock split was on July 25, 2011. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
First Fintec Limited (BSE:FIRSTFIN) has split its stock 3 times: a 10-for-1 split on July 15, 2005, a 1-for-10 reverse split on January 8, 2010, and a 1-for-4 reverse split on July 25, 2011.
First Fintec Limited has split its stock 3 times. This history records 3 splits between July 15, 2005 and July 25, 2011.
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 First Fintec Limited's 1-for-4 reverse split on July 25, 2011, every 4 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.
First Fintec Limited has not announced a new split in our records. Its most recent split was on July 25, 2011, 15 years ago. Companies announce splits in advance, and any new BSE:FIRSTFIN split will appear on this page.
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