May 09, 2013
28:25
For every 25 shares held, investors received 28. The price per share adjusted from $25.20 to $22.50.
The split itself did not change the total investment value.
Mercantile Islami Insurance PLC (DSE:MERCINS) operates in the Property/Casualty insurance industry.
Mercantile Islami Insurance PLC company overviewMercantile Islami Insurance PLC's most recent stock split was on May 9, 2013. It was a 28-for-25 forward split, so shareholders received 28 shares for every 25 they held.
Mercantile Islami Insurance PLC (DSE:MERCINS) has split its stock 5 times: a 11-for-10 split on May 16, 2010, a 28-for-25 split on April 28, 2011, a 10-for-1 split on December 4, 2011, a 11-for-10 split on May 13, 2012, and a 28-for-25 split on May 9, 2013.
Mercantile Islami Insurance PLC has split its stock 5 times. This history records 5 forward splits between May 16, 2010 and May 9, 2013.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Mercantile Islami Insurance PLC's 28-for-25 split on May 9, 2013, every 25 shares became 28 shares.
Mercantile Islami Insurance PLC has not announced a new split in our records. Its most recent split was on May 9, 2013, 13 years ago. Companies announce splits in advance, and any new DSE:MERCINS split will appear on this page.
Already premium?