Sep 27, 2017
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $51.15 to $34.10.
The split itself did not change the total investment value.
Loyal Equipments Ltd (BSE:LOYAL) operates in the Industrial machinery industry.
Loyal Equipments Ltd company overviewLoyal Equipments Ltd's most recent stock split was on September 27, 2017. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Loyal Equipments Ltd has split its stock once. This history records one forward split, on September 27, 2017.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Loyal Equipments Ltd's 3-for-2 split on September 27, 2017, every 2 shares became 3 shares.
Loyal Equipments Ltd has not announced a new split in our records. Its most recent split was on September 27, 2017, 9 years ago. Companies announce splits in advance, and any new BSE:LOYAL split will appear on this page.
Already premium?