Feb 10, 2010
2:25
For every 25 shares held, investors received 2.
The split itself did not change the total investment value.
Globus Power Generation Ltd. (BSE:GLOBUSCON) operates in the Financial conglomerates industry.
Globus Power Generation Ltd. company overviewGlobus Power Generation Ltd.'s most recent stock split was on February 10, 2010. It was a 2-for-25 reverse split, so shareholders received 2 shares for every 25 they held.
Globus Power Generation Ltd. has split its stock once. This history records one reverse split, on February 10, 2010.
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 Globus Power Generation Ltd.'s 2-for-25 reverse split on February 10, 2010, every 25 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.
Globus Power Generation Ltd. has not announced a new split in our records. Its most recent split was on February 10, 2010, 16 years ago. Companies announce splits in advance, and any new BSE:GLOBUSCON split will appear on this page.
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