Aug 11, 2010
6:5
For every 5 shares held, investors received 6. The price per share adjusted from $19.25 to $16.04.
The split itself did not change the total investment value.
Zenith Steel Pipes & Industries Limited (NSE:ZENITHSTL) operates in the Steel industry.
Zenith Steel Pipes & Industries Limited company overviewZenith Steel Pipes & Industries Limited's most recent stock split was on August 11, 2010. It was a 6-for-5 forward split, so shareholders received 6 shares for every 5 they held.
Zenith Steel Pipes & Industries Limited (NSE:ZENITHSTL) has split its stock 2 times: a 2-for-5 reverse split on December 2, 2003 and a 6-for-5 split on August 11, 2010.
Zenith Steel Pipes & Industries Limited has split its stock 2 times. This history records 2 splits between December 2, 2003 and August 11, 2010.
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 Zenith Steel Pipes & Industries Limited's 6-for-5 split on August 11, 2010, every 5 shares became 6 shares.
Zenith Steel Pipes & Industries Limited has not announced a new split in our records. Its most recent split was on August 11, 2010, 16 years ago. Companies announce splits in advance, and any new NSE:ZENITHSTL split will appear on this page.
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