Aug 05, 1996
10:1
For every share held, investors received 10.
The split itself did not change the total investment value.
Permanent Magnets Limited (NSE:PERMAGN) operates in the Industrial machinery industry.
Permanent Magnets Limited company overviewPermanent Magnets Limited's most recent stock split was on August 5, 1996. It was a 10-for-1 forward split, so shareholders received 10 shares for every share they held.
Permanent Magnets Limited has split its stock once. This history records one forward split, on August 5, 1996.
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 Permanent Magnets Limited's 10-for-1 split on August 5, 1996, every share became 10 shares.
Permanent Magnets Limited has not announced a new split in our records. Its most recent split was on August 5, 1996, 30 years ago. Companies announce splits in advance, and any new NSE:PERMAGN split will appear on this page.
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