Aug 13, 2018
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Signet Industries Limited (BSE:SIGIND) operates in the Chemicals: specialty industry.
Signet Industries Limited company overviewSignet Industries Limited's most recent stock split was on August 13, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Signet Industries Limited (BSE:SIGIND) has split its stock 4 times: a 3-for-1 split on December 11, 2009, a 6-for-1 split on November 18, 2010, a 10-for-1 split on August 17, 2015, and a 1-for-10 reverse split on August 13, 2018.
Signet Industries Limited has split its stock 4 times. This history records 4 splits between December 11, 2009 and August 13, 2018.
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 Signet Industries Limited's 1-for-10 reverse split on August 13, 2018, every 10 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.
Signet Industries Limited has not announced a new split in our records. Its most recent split was on August 13, 2018, 8 years ago. Companies announce splits in advance, and any new BSE:SIGIND split will appear on this page.
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