Jun 29, 2011
3:4
For every 4 shares held, investors received 3.
The split itself did not change the total investment value.
Hybrid Financial Services Ltd. (BSE:HYBRIDFIN) operates in the Investment banks/Brokers industry.
Hybrid Financial Services Ltd. company overviewHybrid Financial Services Ltd.'s most recent stock split was on June 29, 2011. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
Hybrid Financial Services Ltd. has split its stock once. This history records one reverse split, on June 29, 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 Hybrid Financial Services Ltd.'s 3-for-4 reverse split on June 29, 2011, every 4 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Hybrid Financial Services Ltd. has not announced a new split in our records. Its most recent split was on June 29, 2011, 15 years ago. Companies announce splits in advance, and any new BSE:HYBRIDFIN split will appear on this page.
Already premium?