Apr 21, 2023
5:132
For every 132 shares held, investors received 5. The price per share adjusted from $1.80 to $47.52.
The split itself did not change the total investment value.
IMEC Services Ltd (BSE:IMEC) operates in the Steel industry.
IMEC Services Ltd company overviewIMEC Services Ltd's most recent stock split was on April 21, 2023. It was a 5-for-132 reverse split, so shareholders received 5 shares for every 132 they held.
IMEC Services Ltd has split its stock once. This history records one reverse split, on April 21, 2023.
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 IMEC Services Ltd's 5-for-132 reverse split on April 21, 2023, every 132 shares became 5 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
IMEC Services Ltd has not announced a new split in our records. Its most recent split was on April 21, 2023, 3 years ago. Companies announce splits in advance, and any new BSE:IMEC split will appear on this page.
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