Oct 24, 2022
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $4.00 to $3.64.
The split itself did not change the total investment value.
First Al-Noor Modaraba (PSX:FANM) operates in the Investment banks/Brokers industry.
First Al-Noor Modaraba company overviewFirst Al-Noor Modaraba's most recent stock split was on October 24, 2022. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
First Al-Noor Modaraba has split its stock once. This history records one forward split, on October 24, 2022.
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 First Al-Noor Modaraba's 11-for-10 split on October 24, 2022, every 10 shares became 11 shares.
First Al-Noor Modaraba has not announced a new split in our records. Its most recent split was on October 24, 2022, 4 years ago. Companies announce splits in advance, and any new PSX:FANM split will appear on this page.
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