Mar 22, 2018
3:20
For every 20 shares held, investors received 3. The price per share adjusted from $4.53 to $30.20.
The split itself did not change the total investment value.
Sybly Industries Limited (BSE:SYBLY) operates in the Textiles industry.
Sybly Industries Limited company overviewSybly Industries Limited's most recent stock split was on March 22, 2018. It was a 3-for-20 reverse split, so shareholders received 3 shares for every 20 they held.
Sybly Industries Limited (BSE:SYBLY) has split its stock 3 times: a 10-for-1 split on December 2, 2008, a 1-for-10 reverse split on April 18, 2013, and a 3-for-20 reverse split on March 22, 2018.
Sybly Industries Limited has split its stock 3 times. This history records 3 splits between December 2, 2008 and March 22, 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 Sybly Industries Limited's 3-for-20 reverse split on March 22, 2018, every 20 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Sybly Industries Limited has not announced a new split in our records. Its most recent split was on March 22, 2018, 8 years ago. Companies announce splits in advance, and any new BSE:SYBLY split will appear on this page.
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