Nov 23, 2020
101:100
For every 100 shares held, investors received 101. The price per share adjusted from $6.40 to $6.34.
The split itself did not change the total investment value.
Ring Shine Textiles Ltd. (DSE:RINGSHINE) operates in the Textiles industry.
Ring Shine Textiles Ltd. company overviewRing Shine Textiles Ltd.'s most recent stock split was on November 23, 2020. It was a 101-for-100 forward split, so shareholders received 101 shares for every 100 they held.
Ring Shine Textiles Ltd. has split its stock once. This history records one forward split, on November 23, 2020.
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 Ring Shine Textiles Ltd.'s 101-for-100 split on November 23, 2020, every 100 shares became 101 shares.
Ring Shine Textiles Ltd. has not announced a new split in our records. Its most recent split was on November 23, 2020, 5 years ago. Companies announce splits in advance, and any new DSE:RINGSHINE split will appear on this page.
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