Mar 09, 2010
3:4
For every 4 shares held, investors received 3. The price per share adjusted from $261.30 to $348.40.
The split itself did not change the total investment value.
Kirloskar Brothers Ltd. (BSE:KIRLOSBROS) operates in the Industrial machinery industry.
Kirloskar Brothers Ltd. company overviewKirloskar Brothers Ltd.'s most recent stock split was on March 9, 2010. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
Kirloskar Brothers Ltd. (BSE:KIRLOSBROS) has split its stock 4 times: a 7-for-5 split on December 16, 1996, a 5-for-1 split on August 10, 2005, a 3-for-1 split on October 17, 2005, and a 3-for-4 reverse split on March 9, 2010.
Kirloskar Brothers Ltd. has split its stock 4 times. This history records 4 splits between December 16, 1996 and March 9, 2010.
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 Kirloskar Brothers Ltd.'s 3-for-4 reverse split on March 9, 2010, 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.
Kirloskar Brothers Ltd. has not announced a new split in our records. Its most recent split was on March 9, 2010, 16 years ago. Companies announce splits in advance, and any new BSE:KIRLOSBROS split will appear on this page.
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