Sep 28, 2011
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.64 to $6.40.
The split itself did not change the total investment value.
Supertex Industries Limited (BSE:SUPERTEX) operates in the Textiles industry.
Supertex Industries Limited company overviewSupertex Industries Limited's most recent stock split was on September 28, 2011. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Supertex Industries Limited (BSE:SUPERTEX) has split its stock 4 times: a 10-for-1 split on March 8, 2006, a 1-for-50 reverse split on November 3, 2008, a 10-for-1 split on October 8, 2009, and a 1-for-10 reverse split on September 28, 2011.
Supertex Industries Limited has split its stock 4 times. This history records 4 splits between March 8, 2006 and September 28, 2011.
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 Supertex Industries Limited's 1-for-10 reverse split on September 28, 2011, 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.
Supertex Industries Limited has not announced a new split in our records. Its most recent split was on September 28, 2011, 15 years ago. Companies announce splits in advance, and any new BSE:SUPERTEX split will appear on this page.
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