Apr 20, 2005
7:10
For every 10 shares held, investors received 7. The price per share adjusted from $35.83 to $51.19.
The split itself did not change the total investment value.
Welspun Corp Limited (BSE:WELCORP) operates in the Industrial machinery industry.
Welspun Corp Limited company overviewWelspun Corp Limited's most recent stock split was on April 20, 2005. It was a 7-for-10 reverse split, so shareholders received 7 shares for every 10 they held.
Welspun Corp Limited has split its stock once. This history records one reverse split, on April 20, 2005.
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 Welspun Corp Limited's 7-for-10 reverse split on April 20, 2005, every 10 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Welspun Corp Limited has not announced a new split in our records. Its most recent split was on April 20, 2005, 21 years ago. Companies announce splits in advance, and any new BSE:WELCORP split will appear on this page.
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