Aug 24, 2007
15:2
For every 2 shares held, investors received 15. The price per share adjusted from $926.75 to $123.57.
The split itself did not change the total investment value.
NIIT Limited (NSE:NIITLTD) operates in the Miscellaneous commercial services industry.
NIIT Limited company overviewNIIT Limited's most recent stock split was on August 24, 2007. It was a 15-for-2 forward split, so shareholders received 15 shares for every 2 they held.
NIIT Limited (NSE:NIITLTD) has split its stock 4 times: a 3-for-2 split on June 5, 1995, a 3-for-2 split on March 1, 1999, a 1-for-2 reverse split on July 8, 2004, and a 15-for-2 split on August 24, 2007.
NIIT Limited has split its stock 4 times. This history records 4 splits between June 5, 1995 and August 24, 2007.
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 NIIT Limited's 15-for-2 split on August 24, 2007, every 2 shares became 15 shares.
NIIT Limited has not announced a new split in our records. Its most recent split was on August 24, 2007, 19 years ago. Companies announce splits in advance, and any new NSE:NIITLTD split will appear on this page.
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