Sep 16, 2015
2:25
For every 25 shares held, investors received 2. The price per share adjusted from $2.38 to $29.75.
The split itself did not change the total investment value.
Kemistar Corporation Limited (BSE:KEMISTAR) operates in the Chemicals: agricultural industry.
Kemistar Corporation Limited company overviewKemistar Corporation Limited's most recent stock split was on September 16, 2015. It was a 2-for-25 reverse split, so shareholders received 2 shares for every 25 they held.
Kemistar Corporation Limited has split its stock once. This history records one reverse split, on September 16, 2015.
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 Kemistar Corporation Limited's 2-for-25 reverse split on September 16, 2015, every 25 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Kemistar Corporation Limited has not announced a new split in our records. Its most recent split was on September 16, 2015, 11 years ago. Companies announce splits in advance, and any new BSE:KEMISTAR split will appear on this page.
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