Mar 04, 2019
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $41.70 to $37.91.
The split itself did not change the total investment value.
RAK Ceramics (Baneladesh) Limited (DSE:RAKCERAMIC) operates in the Building products industry.
RAK Ceramics (Baneladesh) Limited company overviewRAK Ceramics (Baneladesh) Limited's most recent stock split was on March 4, 2019. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
RAK Ceramics (Baneladesh) Limited (DSE:RAKCERAMIC) has split its stock 7 times: a 11-for-10 split on February 13, 2011, a 11-for-10 split on February 19, 2012, a 11-for-10 split on February 25, 2013, a 11-for-10 split on February 17, 2014, a 21-for-20 split on February 15, 2017, a 11-for-10 split on February 20, 2018, and a 11-for-10 split on March 4, 2019.
RAK Ceramics (Baneladesh) Limited has split its stock 7 times. This history records 7 forward splits between February 13, 2011 and March 4, 2019.
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 RAK Ceramics (Baneladesh) Limited's 11-for-10 split on March 4, 2019, every 10 shares became 11 shares.
RAK Ceramics (Baneladesh) Limited has not announced a new split in our records. Its most recent split was on March 4, 2019, 7 years ago. Companies announce splits in advance, and any new DSE:RAKCERAMIC split will appear on this page.
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