Sangal Papers Limited
BBSE:SANPALatest Stock Split
Dec 17, 2004
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $2.91 to $14.55.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Dec 17, 2004Before$2.91Split ratio1:5After$14.55Reverse
About Sangal Papers Limited stock splits
Sangal Papers Limited (BSE:SANPA) operates in the Pulp & paper industry.
Sangal Papers Limited company overviewWhen did Sangal Papers Limited stock split?
Sangal Papers Limited's most recent stock split was on December 17, 2004. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
How many times has Sangal Papers Limited stock split?
Sangal Papers Limited has split its stock once. This history records one reverse split, on December 17, 2004.
What is a reverse stock split?
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 Sangal Papers Limited's 1-for-5 reverse split on December 17, 2004, every 5 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.
Will Sangal Papers Limited split its stock again?
Sangal Papers Limited has not announced a new split in our records. Its most recent split was on December 17, 2004, 21 years ago. Companies announce splits in advance, and any new BSE:SANPA split will appear on this page.