Oct 16, 2008
2:1
For every share held, investors received 2. The price per share adjusted from $96.60 to $48.30.
The split itself did not change the total investment value.
Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) operates in the Wholesale distributors industry.
Gujarat Mineral Development Corporation Limited company overviewGujarat Mineral Development Corporation Limited's most recent stock split was on October 16, 2008. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) has split its stock 2 times: a 5-for-1 split on November 8, 2007 and a 2-for-1 split on October 16, 2008.
Gujarat Mineral Development Corporation Limited has split its stock 2 times. This history records 2 forward splits between November 8, 2007 and October 16, 2008.
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 Gujarat Mineral Development Corporation Limited's 2-for-1 split on October 16, 2008, every share became 2 shares.
Gujarat Mineral Development Corporation Limited has not announced a new split in our records. Its most recent split was on October 16, 2008, 18 years ago. Companies announce splits in advance, and any new NSE:GMDCLTD split will appear on this page.
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