1. Pakistan Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Nimir Resins Ltd.

Nimir Resins Ltd.

PPSX:NRSL
32.36
PKR
+1.50
(+4.86%)

Latest Stock Split

Aug 17, 2021

1:2

For every 2 shares held, investors received 1. The price per share adjusted from $18.72 to $37.44.

The split itself did not change the total investment value.

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Stock Split History

  1. Aug 17, 2021
    Before$18.72
    Split ratio1:2
    After$37.44
    Reverse
  2. Oct 18, 2017
    Before$6.50
    Split ratio511:500
    After$6.36
    Forward

About Nimir Resins Ltd. stock splits

Nimir Resins Ltd. (PSX:NRSL) operates in the Chemicals: specialty industry.

Nimir Resins Ltd. company overview

When did Nimir Resins Ltd. stock split?

Nimir Resins Ltd.'s most recent stock split was on August 17, 2021. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.

What is Nimir Resins Ltd.'s stock split history?

Nimir Resins Ltd. (PSX:NRSL) has split its stock 2 times: a 511-for-500 split on October 18, 2017 and a 1-for-2 reverse split on August 17, 2021.

How many times has Nimir Resins Ltd. stock split?

Nimir Resins Ltd. has split its stock 2 times. This history records 2 splits between October 18, 2017 and August 17, 2021.

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 Resins Ltd.'s 1-for-2 reverse split on August 17, 2021, 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 Resins Ltd. split its stock again?

Nimir Resins Ltd. has not announced a new split in our records. Its most recent split was on August 17, 2021, 5 years ago. Companies announce splits in advance, and any new PSX:NRSL split will appear on this page.