JMG Corporation Limited

JMG Corporation Limited

BBSE:JMGCORP
5.95
INR
0.00
(0.00%)
-0.35EPS
120.88MMarket Cap

Latest Stock Split

Aug 12, 2013

20:21

For every 21 shares held, investors received 20. The price per share adjusted from $5.00 to $5.25.

The split itself did not change the total investment value.

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Stock Split History

  1. Aug 12, 2013
    Before$5.00
    Split ratio20:21
    After$5.25
    Reverse
  2. Jun 18, 2013
    Before$5.25
    Split ratio21:20
    After$5.00
    Forward

About JMG Corporation Limited stock splits

JMG Corporation Limited (BSE:JMGCORP) operates in the Miscellaneous commercial services industry.

JMG Corporation Limited company overview

When did JMG Corporation Limited stock split?

JMG Corporation Limited's most recent stock split was on August 12, 2013. It was a 20-for-21 reverse split, so shareholders received 20 shares for every 21 they held.

What is JMG Corporation Limited's stock split history?

JMG Corporation Limited (BSE:JMGCORP) has split its stock 2 times: a 21-for-20 split on June 18, 2013 and a 20-for-21 reverse split on August 12, 2013.

How many times has JMG Corporation Limited stock split?

JMG Corporation Limited has split its stock 2 times. This history records 2 splits between June 18, 2013 and August 12, 2013.

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 JMG Corporation Limited's 20-for-21 reverse split on August 12, 2013, every 21 shares became 20 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will JMG Corporation Limited split its stock again?

JMG Corporation Limited has not announced a new split in our records. Its most recent split was on August 12, 2013, 13 years ago. Companies announce splits in advance, and any new BSE:JMGCORP split will appear on this page.