Suryalata Spinning Mills Limited
Latest Stock Split
Apr 23, 2008
3:5
For every 5 shares held, investors received 3.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Apr 23, 2008Before—Split ratio3:5After—Reverse
- Oct 28, 2005Before—Split ratio3:2After—Forward
About Suryalata Spinning Mills Limited stock splits
Suryalata Spinning Mills Limited (NSE:SURYALA) operates in the Textiles industry.
Suryalata Spinning Mills Limited company overviewWhen did Suryalata Spinning Mills Limited stock split?
Suryalata Spinning Mills Limited's most recent stock split was on April 23, 2008. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
What is Suryalata Spinning Mills Limited's stock split history?
Suryalata Spinning Mills Limited (NSE:SURYALA) has split its stock 2 times: a 3-for-2 split on October 28, 2005 and a 3-for-5 reverse split on April 23, 2008.
How many times has Suryalata Spinning Mills Limited stock split?
Suryalata Spinning Mills Limited has split its stock 2 times. This history records 2 splits between October 28, 2005 and April 23, 2008.
What is a reverse stock split?
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 Suryalata Spinning Mills Limited's 3-for-5 reverse split on April 23, 2008, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Suryalata Spinning Mills Limited split its stock again?
Suryalata Spinning Mills Limited has not announced a new split in our records. Its most recent split was on April 23, 2008, 18 years ago. Companies announce splits in advance, and any new NSE:SURYALA split will appear on this page.