Oct 08, 2021
281:256
For every 256 shares held, investors received 281. The price per share adjusted from $14.69 to $13.38.
The split itself did not change the total investment value.
Merit Packaging Limited (PSX:MERIT) operates in the Commercial printing/Forms industry.
Merit Packaging Limited company overviewMerit Packaging Limited's most recent stock split was on October 8, 2021. It was a 281-for-256 forward split, so shareholders received 281 shares for every 256 they held.
Merit Packaging Limited (PSX:MERIT) has split its stock 8 times: a 23-for-20 split on November 28, 1996, a 11-for-10 split on November 25, 1997, a 23-for-20 split on November 26, 1998, a 3-for-2 split on August 29, 2007, a 23-for-20 split on September 17, 2008, a 841-for-342 split on October 29, 2013, a 424-for-337 split on November 16, 2017, and a 281-for-256 split on October 8, 2021.
Merit Packaging Limited has split its stock 8 times. This history records 8 forward splits between November 28, 1996 and October 8, 2021.
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 Merit Packaging Limited's 281-for-256 split on October 8, 2021, every 256 shares became 281 shares.
Merit Packaging Limited has not announced a new split in our records. Its most recent split was on October 8, 2021, 5 years ago. Companies announce splits in advance, and any new PSX:MERIT split will appear on this page.
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