Jul 18, 2013
7:20
For every 20 shares held, investors received 7. The price per share adjusted from $16.50 to $47.14.
The split itself did not change the total investment value.
Olympia Industries Ltd. (BSE:OLYMPTX) operates in the Textiles industry.
Olympia Industries Ltd. company overviewOlympia Industries Ltd.'s most recent stock split was on July 18, 2013. It was a 7-for-20 reverse split, so shareholders received 7 shares for every 20 they held.
Olympia Industries Ltd. has split its stock once. This history records one reverse split, on July 18, 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 Olympia Industries Ltd.'s 7-for-20 reverse split on July 18, 2013, every 20 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Olympia Industries Ltd. has not announced a new split in our records. Its most recent split was on July 18, 2013, 13 years ago. Companies announce splits in advance, and any new BSE:OLYMPTX split will appear on this page.
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