Jun 09, 2011
2:1
For every share held, investors received 2. The price per share adjusted from $115.60 to $57.80.
The split itself did not change the total investment value.
Manappuram Finance Limited (NSE:MANAPPURAM) operates in the Finance/Rental/Leasing industry.
Manappuram Finance Limited company overviewManappuram Finance Limited's most recent stock split was on June 9, 2011. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Manappuram Finance Limited (NSE:MANAPPURAM) has split its stock 3 times: a 2-for-1 split on March 14, 2007, a 10-for-1 split on May 3, 2010, and a 2-for-1 split on June 9, 2011.
Manappuram Finance Limited has split its stock 3 times. This history records 3 forward splits between March 14, 2007 and June 9, 2011.
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 Manappuram Finance Limited's 2-for-1 split on June 9, 2011, every share became 2 shares.
Manappuram Finance Limited has not announced a new split in our records. Its most recent split was on June 9, 2011, 15 years ago. Companies announce splits in advance, and any new NSE:MANAPPURAM split will appear on this page.
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