Sep 22, 2017
2:1
For every share held, investors received 2. The price per share adjusted from $51.20 to $25.60.
The split itself did not change the total investment value.
Reliance Industries Limited (IOB:RIGD) operates in the Oil refining/Marketing industry.
Reliance Industries Limited company overviewReliance Industries Limited's most recent stock split was on September 22, 2017. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Reliance Industries Limited (IOB:RIGD) has split its stock 4 times: a 2-for-1 split on November 24, 1997, a 2-for-1 split on November 23, 2009, a 2-for-1 split on December 15, 2009, and a 2-for-1 split on September 22, 2017.
Reliance Industries Limited has split its stock 4 times. This history records 4 forward splits between November 24, 1997 and September 22, 2017.
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 Reliance Industries Limited's 2-for-1 split on September 22, 2017, every share became 2 shares.
Reliance Industries Limited has not announced a new split in our records. Its most recent split was on September 22, 2017, 9 years ago. Companies announce splits in advance, and any new IOB:RIGD split will appear on this page.
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