Mar 19, 2009
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Lincoln Pharmaceuticals Ltd (NSE:LINCOLN) operates in the Pharmaceuticals: major industry.
Lincoln Pharmaceuticals Ltd company overviewLincoln Pharmaceuticals Ltd's most recent stock split was on March 19, 2009. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Lincoln Pharmaceuticals Ltd (NSE:LINCOLN) has split its stock 2 times: a 5-for-1 split on February 8, 2006 and a 1-for-5 reverse split on March 19, 2009.
Lincoln Pharmaceuticals Ltd has split its stock 2 times. This history records 2 splits between February 8, 2006 and March 19, 2009.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Lincoln Pharmaceuticals Ltd's 1-for-5 reverse split on March 19, 2009, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lincoln Pharmaceuticals Ltd has not announced a new split in our records. Its most recent split was on March 19, 2009, 17 years ago. Companies announce splits in advance, and any new NSE:LINCOLN split will appear on this page.
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