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First Equity Modaraba

First Equity Modaraba

PPSX:FEM
11.86
PKR
-0.15
(-1.25%)

Latest Stock Split

Sep 10, 2004

38:29

For every 29 shares held, investors received 38.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 10, 2004
    Before—
    Split ratio38:29
    After—
    Forward

About First Equity Modaraba stock splits

First Equity Modaraba (PSX:FEM) operates in the Investment managers industry.

First Equity Modaraba company overview

When did First Equity Modaraba stock split?

First Equity Modaraba's most recent stock split was on September 10, 2004. It was a 38-for-29 forward split, so shareholders received 38 shares for every 29 they held.

How many times has First Equity Modaraba stock split?

First Equity Modaraba has split its stock once. This history records one forward split, on September 10, 2004.

What is a stock split?

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 Equity Modaraba's 38-for-29 split on September 10, 2004, every 29 shares became 38 shares.

Will First Equity Modaraba split its stock again?

First Equity Modaraba has not announced a new split in our records. Its most recent split was on September 10, 2004, 22 years ago. Companies announce splits in advance, and any new PSX:FEM split will appear on this page.