Oct 06, 2022
9:4
For every 4 shares held, investors received 9. The price per share adjusted from $10.75 to $4.78.
The split itself did not change the total investment value.
GAIL (India) Limited (IOB:GAID) operates in the Gas distributors industry.
GAIL (India) Limited company overviewGAIL (India) Limited's most recent stock split was on October 6, 2022. It was a 9-for-4 forward split, so shareholders received 9 shares for every 4 they held.
GAIL (India) Limited (IOB:GAID) has split its stock 5 times: a 3-for-2 split on October 2, 2008, a 4-for-3 split on April 12, 2017, a 4-for-3 split on April 26, 2018, a 2-for-1 split on July 31, 2019, and a 9-for-4 split on October 6, 2022.
GAIL (India) Limited has split its stock 5 times. This history records 5 forward splits between October 2, 2008 and October 6, 2022.
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 GAIL (India) Limited's 9-for-4 split on October 6, 2022, every 4 shares became 9 shares.
GAIL (India) Limited has not announced a new split in our records. Its most recent split was on October 6, 2022, 4 years ago. Companies announce splits in advance, and any new IOB:GAID split will appear on this page.
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