Jul 14, 2016
2:1
For every share held, investors received 2. The price per share adjusted from $724.25 to $362.13.
The split itself did not change the total investment value.
Grindwell Norton Limited (NSE:GRINDWELL) operates in the Industrial specialties industry.
Grindwell Norton Limited company overviewGrindwell Norton Limited's most recent stock split was on July 14, 2016. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Grindwell Norton Limited (NSE:GRINDWELL) has split its stock 3 times: a 2-for-1 split on September 2, 1996, a 4-for-1 split on May 26, 2006, and a 2-for-1 split on July 14, 2016.
Grindwell Norton Limited has split its stock 3 times. This history records 3 forward splits between September 2, 1996 and July 14, 2016.
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 Grindwell Norton Limited's 2-for-1 split on July 14, 2016, every share became 2 shares.
Grindwell Norton Limited has not announced a new split in our records. Its most recent split was on July 14, 2016, 10 years ago. Companies announce splits in advance, and any new NSE:GRINDWELL split will appear on this page.
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