Apr 24, 2006
5:2
For every 2 shares held, investors received 5. The price per share adjusted from $659.50 to $263.80.
The split itself did not change the total investment value.
Cipla Ltd (NSE:CIPLA) operates in the Pharmaceuticals: other industry.
Cipla Ltd company overviewCipla Ltd's most recent stock split was on April 24, 2006. It was a 5-for-2 forward split, so shareholders received 5 shares for every 2 they held.
Cipla Ltd (NSE:CIPLA) has split its stock 3 times: a 3-for-1 split on October 20, 1999, a 5-for-1 split on May 11, 2004, and a 5-for-2 split on April 24, 2006.
Cipla Ltd has split its stock 3 times. This history records 3 forward splits between October 20, 1999 and April 24, 2006.
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 Cipla Ltd's 5-for-2 split on April 24, 2006, every 2 shares became 5 shares.
Cipla Ltd has not announced a new split in our records. Its most recent split was on April 24, 2006, 20 years ago. Companies announce splits in advance, and any new NSE:CIPLA split will appear on this page.
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