Nimir Industrial Chemicals Ltd.
PPSX:NICLLatest Stock Split
Jan 16, 2014
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $7.60 to $15.20.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jan 16, 2014Before$7.60Split ratio1:2After$15.20Reverse
About Nimir Industrial Chemicals Ltd. stock splits
Nimir Industrial Chemicals Ltd. (PSX:NICL) operates in the Chemicals: specialty industry.
Nimir Industrial Chemicals Ltd. company overviewWhen did Nimir Industrial Chemicals Ltd. stock split?
Nimir Industrial Chemicals Ltd.'s most recent stock split was on January 16, 2014. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
How many times has Nimir Industrial Chemicals Ltd. stock split?
Nimir Industrial Chemicals Ltd. has split its stock once. This history records one reverse split, on January 16, 2014.
What is a reverse stock split?
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Nimir Industrial Chemicals Ltd.'s 1-for-2 reverse split on January 16, 2014, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Nimir Industrial Chemicals Ltd. split its stock again?
Nimir Industrial Chemicals Ltd. has not announced a new split in our records. Its most recent split was on January 16, 2014, 12 years ago. Companies announce splits in advance, and any new PSX:NICL split will appear on this page.