Feb 01, 2012
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Metroglobal Ltd. (NSE:METROGLOBL) operates in the Wholesale distributors industry.
Metroglobal Ltd. company overviewMetroglobal Ltd.'s most recent stock split was on February 1, 2012. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Metroglobal Ltd. (NSE:METROGLOBL) has split its stock 2 times: a 1-for-100 reverse split on March 21, 2007 and a 1-for-10 reverse split on February 1, 2012.
Metroglobal Ltd. has split its stock 2 times. This history records 2 reverse splits between March 21, 2007 and February 1, 2012.
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 Metroglobal Ltd.'s 1-for-10 reverse split on February 1, 2012, every 10 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.
Metroglobal Ltd. has not announced a new split in our records. Its most recent split was on February 1, 2012, 14 years ago. Companies announce splits in advance, and any new NSE:METROGLOBL split will appear on this page.
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