Oct 31, 2005
5:1
For every share held, investors received 5. The price per share adjusted from $5780.00 to $1156.00.
The split itself did not change the total investment value.
Grindrod Limited (JSE:GND) operates in the Marine shipping industry.
Grindrod Limited company overviewGrindrod Limited's most recent stock split was on October 31, 2005. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Grindrod Limited has split its stock once. This history records one forward split, on October 31, 2005.
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 Grindrod Limited's 5-for-1 split on October 31, 2005, every share became 5 shares.
Grindrod Limited has not announced a new split in our records. Its most recent split was on October 31, 2005, 20 years ago. Companies announce splits in advance, and any new JSE:GND split will appear on this page.
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