Jul 11, 2013
2:5
For every 5 shares held, investors received 2. The price per share adjusted from $5.98 to $14.95.
The split itself did not change the total investment value.
Kunststoffe Industries Ltd. (BSE:KUNSTOFF) operates in the Miscellaneous manufacturing industry.
Kunststoffe Industries Ltd. company overviewKunststoffe Industries Ltd.'s most recent stock split was on July 11, 2013. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Kunststoffe Industries Ltd. (BSE:KUNSTOFF) has split its stock 2 times: a 9-for-8 split on January 6, 1995 and a 2-for-5 reverse split on July 11, 2013.
Kunststoffe Industries Ltd. has split its stock 2 times. This history records 2 splits between January 6, 1995 and July 11, 2013.
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 Kunststoffe Industries Ltd.'s 2-for-5 reverse split on July 11, 2013, every 5 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.
Kunststoffe Industries Ltd. has not announced a new split in our records. Its most recent split was on July 11, 2013, 13 years ago. Companies announce splits in advance, and any new BSE:KUNSTOFF split will appear on this page.
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