Dec 26, 2013
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $19.70 to $13.13.
The split itself did not change the total investment value.
IL&FS Investment Managers Ltd. (NSE:IVC) operates in the Investment banks/Brokers industry.
IL&FS Investment Managers Ltd. company overviewIL&FS Investment Managers Ltd.'s most recent stock split was on December 26, 2013. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
IL&FS Investment Managers Ltd. (NSE:IVC) has split its stock 4 times: a 3-for-2 split on June 23, 2006, a 3-for-2 split on July 28, 2008, a 5-for-1 split on September 16, 2009, and a 3-for-2 split on December 26, 2013.
IL&FS Investment Managers Ltd. has split its stock 4 times. This history records 4 forward splits between June 23, 2006 and December 26, 2013.
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 IL&FS Investment Managers Ltd.'s 3-for-2 split on December 26, 2013, every 2 shares became 3 shares.
IL&FS Investment Managers Ltd. has not announced a new split in our records. Its most recent split was on December 26, 2013, 12 years ago. Companies announce splits in advance, and any new NSE:IVC split will appear on this page.
Already premium?