Infronics Systems Limited
BBSE:INFRONICSLatest Stock Split
Nov 05, 2015
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $4.87 to $9.74.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Nov 05, 2015Before$4.87Split ratio1:2After$9.74Reverse
About Infronics Systems Limited stock splits
Infronics Systems Limited (BSE:INFRONICS) operates in the Information technology services industry.
Infronics Systems Limited company overviewWhen did Infronics Systems Limited stock split?
Infronics Systems Limited's most recent stock split was on November 5, 2015. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
How many times has Infronics Systems Limited stock split?
Infronics Systems Limited has split its stock once. This history records one reverse split, on November 5, 2015.
What is a reverse stock split?
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 Infronics Systems Limited's 1-for-2 reverse split on November 5, 2015, every 2 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.
Will Infronics Systems Limited split its stock again?
Infronics Systems Limited has not announced a new split in our records. Its most recent split was on November 5, 2015, 10 years ago. Companies announce splits in advance, and any new BSE:INFRONICS split will appear on this page.