Feb 07, 2001
8:5
For every 5 shares held, investors received 8. The price per share adjusted from $50.30 to $31.44.
The split itself did not change the total investment value.
IDBI Bank Limited (NSE:IDBI) operates in the Major banks industry.
IDBI Bank Limited company overviewIDBI Bank Limited's most recent stock split was on February 7, 2001. It was a 8-for-5 forward split, so shareholders received 8 shares for every 5 they held.
IDBI Bank Limited has split its stock once. This history records one forward split, on February 7, 2001.
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 IDBI Bank Limited's 8-for-5 split on February 7, 2001, every 5 shares became 8 shares.
IDBI Bank Limited has not announced a new split in our records. Its most recent split was on February 7, 2001, 25 years ago. Companies announce splits in advance, and any new NSE:IDBI split will appear on this page.
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