Oct 20, 2020
7:5
For every 5 shares held, investors received 7. The price per share adjusted from $61.77 to $44.12.
The split itself did not change the total investment value.
JK Spinning Mills Ltd. (PSX:JKSM) operates in the Textiles industry.
JK Spinning Mills Ltd. company overviewJK Spinning Mills Ltd.'s most recent stock split was on October 20, 2020. It was a 7-for-5 forward split, so shareholders received 7 shares for every 5 they held.
JK Spinning Mills Ltd. (PSX:JKSM) has split its stock 4 times: a 11-for-10 split on October 27, 2007, a 21-for-20 split on September 15, 2010, a 829-for-767 split on November 17, 2016, and a 7-for-5 split on October 20, 2020.
JK Spinning Mills Ltd. has split its stock 4 times. This history records 4 forward splits between October 27, 2007 and October 20, 2020.
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 JK Spinning Mills Ltd.'s 7-for-5 split on October 20, 2020, every 5 shares became 7 shares.
JK Spinning Mills Ltd. has not announced a new split in our records. Its most recent split was on October 20, 2020, 6 years ago. Companies announce splits in advance, and any new PSX:JKSM split will appear on this page.
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