Feb 27, 2024
283:260
For every 260 shares held, investors received 283. The price per share adjusted from $37.10 to $34.08.
The split itself did not change the total investment value.
South Indian Bank Limited (NSE:SOUTHBANK) operates in the Major banks industry.
South Indian Bank Limited company overviewSouth Indian Bank Limited's most recent stock split was on February 27, 2024. It was a 283-for-260 forward split, so shareholders received 283 shares for every 260 they held.
South Indian Bank Limited (NSE:SOUTHBANK) has split its stock 5 times: a 1029-for-979 split on July 15, 2004, a 5-for-4 split on October 16, 2008, a 10-for-1 split on September 23, 2010, a 452-for-409 split on February 16, 2017, and a 283-for-260 split on February 27, 2024.
South Indian Bank Limited has split its stock 5 times. This history records 5 forward splits between July 15, 2004 and February 27, 2024.
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 South Indian Bank Limited's 283-for-260 split on February 27, 2024, every 260 shares became 283 shares.
South Indian Bank Limited has not announced a new split in our records. Its most recent split was on February 27, 2024, 2 years ago. Companies announce splits in advance, and any new NSE:SOUTHBANK split will appear on this page.
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