Jun 20, 2023
6:5
For every 5 shares held, investors received 6. The price per share adjusted from $20.52 to $17.10.
The split itself did not change the total investment value.
Gul Ahmed Textile Mills Limited (PSX:GATM) operates in the Textiles industry.
Gul Ahmed Textile Mills Limited company overviewGul Ahmed Textile Mills Limited's most recent stock split was on June 20, 2023. It was a 6-for-5 forward split, so shareholders received 6 shares for every 5 they held.
Gul Ahmed Textile Mills Limited (PSX:GATM) has split its stock 7 times: a 2-for-1 split on October 21, 2011, a 6-for-5 split on October 23, 2013, a 5-for-4 split on October 22, 2014, a 900-for-781 split on March 17, 2016, a 6-for-5 split on October 17, 2019, a 6-for-5 split on June 10, 2021, and a 6-for-5 split on June 20, 2023.
Gul Ahmed Textile Mills Limited has split its stock 7 times. This history records 7 forward splits between October 21, 2011 and June 20, 2023.
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 Gul Ahmed Textile Mills Limited's 6-for-5 split on June 20, 2023, every 5 shares became 6 shares.
Gul Ahmed Textile Mills Limited has not announced a new split in our records. Its most recent split was on June 20, 2023, 3 years ago. Companies announce splits in advance, and any new PSX:GATM split will appear on this page.
Already premium?