Feb 09, 2007
5:2
For every 2 shares held, investors received 5. The price per share adjusted from $267.95 to $107.18.
The split itself did not change the total investment value.
Modipon Limited (BSE:MODIPON) operates in the Real estate development industry.
Modipon Limited company overviewModipon Limited's most recent stock split was on February 9, 2007. It was a 5-for-2 forward split, so shareholders received 5 shares for every 2 they held.
Modipon Limited has split its stock once. This history records one forward split, on February 9, 2007.
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 Modipon Limited's 5-for-2 split on February 9, 2007, every 2 shares became 5 shares.
Modipon Limited has not announced a new split in our records. Its most recent split was on February 9, 2007, 19 years ago. Companies announce splits in advance, and any new BSE:MODIPON split will appear on this page.
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