Nov 10, 2020
1:32
For every 32 shares held, investors received 1.
The split itself did not change the total investment value.
HCP Plastene Bulkpack Limited (BSE:HPBL) operates in the Containers/Packaging industry.
HCP Plastene Bulkpack Limited company overviewHCP Plastene Bulkpack Limited's most recent stock split was on November 10, 2020. It was a 1-for-32 reverse split, so shareholders received 1 share for every 32 they held.
HCP Plastene Bulkpack Limited (BSE:HPBL) has split its stock 3 times: a 2-for-1 split on October 31, 2005, a 1-for-5 reverse split on May 23, 2013, and a 1-for-32 reverse split on November 10, 2020.
HCP Plastene Bulkpack Limited has split its stock 3 times. This history records 3 splits between October 31, 2005 and November 10, 2020.
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 HCP Plastene Bulkpack Limited's 1-for-32 reverse split on November 10, 2020, every 32 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.
HCP Plastene Bulkpack Limited has not announced a new split in our records. Its most recent split was on November 10, 2020, 5 years ago. Companies announce splits in advance, and any new BSE:HPBL split will appear on this page.
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