Apr 26, 2016
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Palred Technologies Limited (BSE:PALREDTEC) operates in the Electronics distributors industry.
Palred Technologies Limited company overviewPalred Technologies Limited's most recent stock split was on April 26, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Palred Technologies Limited (BSE:PALREDTEC) has split its stock 2 times: a 2-for-5 reverse split on July 8, 2015 and a 1-for-2 reverse split on April 26, 2016.
Palred Technologies Limited has split its stock 2 times. This history records 2 reverse splits between July 8, 2015 and April 26, 2016.
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 Palred Technologies Limited's 1-for-2 reverse split on April 26, 2016, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Palred Technologies Limited has not announced a new split in our records. Its most recent split was on April 26, 2016, 10 years ago. Companies announce splits in advance, and any new BSE:PALREDTEC split will appear on this page.
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