Aug 22, 2013
3:10
For every 10 shares held, investors received 3.
The split itself did not change the total investment value.
Norris Medicines Ltd. (BSE:NORRIS) operates in the Pharmaceuticals: major industry.
Norris Medicines Ltd. company overviewNorris Medicines Ltd.'s most recent stock split was on August 22, 2013. It was a 3-for-10 reverse split, so shareholders received 3 shares for every 10 they held.
Norris Medicines Ltd. has split its stock once. This history records one reverse split, on August 22, 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 Norris Medicines Ltd.'s 3-for-10 reverse split on August 22, 2013, every 10 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.
Norris Medicines Ltd. has not announced a new split in our records. Its most recent split was on August 22, 2013, 13 years ago. Companies announce splits in advance, and any new BSE:NORRIS split will appear on this page.
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