Nov 19, 2018
103:100
For every 100 shares held, investors received 103. The price per share adjusted from $17.00 to $16.50.
The split itself did not change the total investment value.
Safko Spinning Mills Limited (DSE:SAFKOSPINN) operates in the Textiles industry.
Safko Spinning Mills Limited company overviewSafko Spinning Mills Limited's most recent stock split was on November 19, 2018. It was a 103-for-100 forward split, so shareholders received 103 shares for every 100 they held.
Safko Spinning Mills Limited (DSE:SAFKOSPINN) has split its stock 9 times: a 29-for-25 split on May 5, 2011, a 10-for-1 split on December 4, 2011, a 11-for-10 split on April 29, 2012, a 11-for-10 split on May 16, 2013, a 11-for-10 split on March 23, 2014, a 11-for-10 split on May 19, 2015, a 103-for-100 split on May 19, 2016, a 26-for-25 split on November 20, 2017, and a 103-for-100 split on November 19, 2018.
Safko Spinning Mills Limited has split its stock 9 times. This history records 9 forward splits between May 5, 2011 and November 19, 2018.
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 Safko Spinning Mills Limited's 103-for-100 split on November 19, 2018, every 100 shares became 103 shares.
Safko Spinning Mills Limited has not announced a new split in our records. Its most recent split was on November 19, 2018, 7 years ago. Companies announce splits in advance, and any new DSE:SAFKOSPINN split will appear on this page.
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