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First Habib Modaraba

First Habib Modaraba

PPSX:FHAM
26.79
PKR
-0.35
(-1.29%)

Latest Stock Split

May 06, 2024

1:2

For every 2 shares held, investors received 1. The price per share adjusted from $7.75 to $15.50.

The split itself did not change the total investment value.

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Stock Split History

  1. May 06, 2024
    Before$7.75
    Split ratio1:2
    After$15.50
    Reverse
  2. Oct 18, 2007
    Before—
    Split ratio39:32
    After—
    Forward
  3. Oct 26, 2004
    Before—
    Split ratio10:7
    After—
    Forward

About First Habib Modaraba stock splits

First Habib Modaraba (PSX:FHAM) operates in the Finance/Rental/Leasing industry.

First Habib Modaraba company overview

When did First Habib Modaraba stock split?

First Habib Modaraba's most recent stock split was on May 6, 2024. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.

What is First Habib Modaraba's stock split history?

First Habib Modaraba (PSX:FHAM) has split its stock 3 times: a 10-for-7 split on October 26, 2004, a 39-for-32 split on October 18, 2007, and a 1-for-2 reverse split on May 6, 2024.

How many times has First Habib Modaraba stock split?

First Habib Modaraba has split its stock 3 times. This history records 3 splits between October 26, 2004 and May 6, 2024.

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 First Habib Modaraba's 1-for-2 reverse split on May 6, 2024, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will First Habib Modaraba split its stock again?

First Habib Modaraba has not announced a new split in our records. Its most recent split was on May 6, 2024, 2 years ago. Companies announce splits in advance, and any new PSX:FHAM split will appear on this page.