Jun 23, 2023
8:5
For every 5 shares held, investors received 8. The price per share adjusted from $911.52 to $569.70.
The split itself did not change the total investment value.
Mahmood Textile Mills Limited (PSX:MEHT) operates in the Textiles industry.
Mahmood Textile Mills Limited company overviewMahmood Textile Mills Limited's most recent stock split was on June 23, 2023. It was a 8-for-5 forward split, so shareholders received 8 shares for every 5 they held.
Mahmood Textile Mills Limited (PSX:MEHT) has split its stock 5 times: a 23-for-20 split on March 20, 1997, a 23-for-20 split on March 20, 1998, a 11-for-10 split on March 20, 1999, a 5-for-4 split on October 29, 2019, and a 8-for-5 split on June 23, 2023.
Mahmood Textile Mills Limited has split its stock 5 times. This history records 5 forward splits between March 20, 1997 and June 23, 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 Mahmood Textile Mills Limited's 8-for-5 split on June 23, 2023, every 5 shares became 8 shares.
Mahmood Textile Mills Limited has not announced a new split in our records. Its most recent split was on June 23, 2023, 3 years ago. Companies announce splits in advance, and any new PSX:MEHT split will appear on this page.
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