Jun 05, 2023
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $43.00 to $39.09.
The split itself did not change the total investment value.
Mehran Sugar Mills Limited (PSX:MRNS) operates in the Agricultural commodities/Milling industry.
Mehran Sugar Mills Limited company overviewMehran Sugar Mills Limited's most recent stock split was on June 5, 2023. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Mehran Sugar Mills Limited (PSX:MRNS) has split its stock 11 times: a 11-for-10 split on June 7, 2013, a 23-for-20 split on January 20, 2014, a 11-for-10 split on May 30, 2014, a 23-for-20 split on January 18, 2019, a 11-for-10 split on June 3, 2019, a 23-for-20 split on January 20, 2020, a 21-for-20 split on February 3, 2021, a 11-for-10 split on January 20, 2022, a 9-for-8 split on June 3, 2022, a 9-for-8 split on January 19, 2023, and a 11-for-10 split on June 5, 2023.
Mehran Sugar Mills Limited has split its stock 11 times. This history records 11 forward splits between June 7, 2013 and June 5, 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 Mehran Sugar Mills Limited's 11-for-10 split on June 5, 2023, every 10 shares became 11 shares.
Mehran Sugar Mills Limited has not announced a new split in our records. Its most recent split was on June 5, 2023, 3 years ago. Companies announce splits in advance, and any new PSX:MRNS split will appear on this page.
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