Mar 17, 2020
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $52.10 to $47.36.
The split itself did not change the total investment value.
Karnataka Bank Ltd. (NSE:KTKBANK) operates in the Regional banks industry.
Karnataka Bank Ltd. company overviewKarnataka Bank Ltd.'s most recent stock split was on March 17, 2020. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Karnataka Bank Ltd. (NSE:KTKBANK) has split its stock 6 times: a 2-for-1 split on October 25, 2002, a 271-for-211 split on January 31, 2003, a 354-for-143 split on January 13, 2005, a 977-for-901 split on February 25, 2011, a 922-for-751 split on October 24, 2016, and a 11-for-10 split on March 17, 2020.
Karnataka Bank Ltd. has split its stock 6 times. This history records 6 forward splits between October 25, 2002 and March 17, 2020.
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 Karnataka Bank Ltd.'s 11-for-10 split on March 17, 2020, every 10 shares became 11 shares.
Karnataka Bank Ltd. has not announced a new split in our records. Its most recent split was on March 17, 2020, 6 years ago. Companies announce splits in advance, and any new NSE:KTKBANK split will appear on this page.
Already premium?