Jan 08, 2007
5:1
For every share held, investors received 5. The price per share adjusted from $499.90 to $99.98.
The split itself did not change the total investment value.
Finolex Cables Limited (NSE:FINCABLES) operates in the Electrical products industry.
Finolex Cables Limited company overviewFinolex Cables Limited's most recent stock split was on January 8, 2007. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Finolex Cables Limited (NSE:FINCABLES) has split its stock 3 times: a 2-for-1 split on June 10, 1994, a 2-for-1 split on August 2, 1999, and a 5-for-1 split on January 8, 2007.
Finolex Cables Limited has split its stock 3 times. This history records 3 forward splits between June 10, 1994 and January 8, 2007.
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 Finolex Cables Limited's 5-for-1 split on January 8, 2007, every share became 5 shares.
Finolex Cables Limited has not announced a new split in our records. Its most recent split was on January 8, 2007, 19 years ago. Companies announce splits in advance, and any new NSE:FINCABLES split will appear on this page.
Already premium?