Jun 24, 2021
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.30 to $5.20.
The split itself did not change the total investment value.
MIC Electronics Limited (NSE:MICEL) operates in the Medical specialties industry.
MIC Electronics Limited company overviewMIC Electronics Limited's most recent stock split was on June 24, 2021. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
MIC Electronics Limited (NSE:MICEL) has split its stock 2 times: a 5-for-1 split on June 27, 2008 and a 1-for-4 reverse split on June 24, 2021.
MIC Electronics Limited has split its stock 2 times. This history records 2 splits between June 27, 2008 and June 24, 2021.
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 MIC Electronics Limited's 1-for-4 reverse split on June 24, 2021, every 4 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.
MIC Electronics Limited has not announced a new split in our records. Its most recent split was on June 24, 2021, 5 years ago. Companies announce splits in advance, and any new NSE:MICEL split will appear on this page.
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