Oct 27, 2010
11:10
For every 10 shares held, investors received 11.
The split itself did not change the total investment value.
Paramount Spinning Mills Limited (PSX:PASM) operates in the Textiles industry.
Paramount Spinning Mills Limited company overviewParamount Spinning Mills Limited's most recent stock split was on October 27, 2010. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Paramount Spinning Mills Limited (PSX:PASM) has split its stock 6 times: a 21-for-20 split on October 26, 2005, a 11-for-10 split on October 27, 2006, a 11-for-10 split on October 25, 2007, a 43-for-40 split on October 23, 2008, a 11-for-10 split on October 28, 2009, and a 11-for-10 split on October 27, 2010.
Paramount Spinning Mills Limited has split its stock 6 times. This history records 6 forward splits between October 26, 2005 and October 27, 2010.
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 Paramount Spinning Mills Limited's 11-for-10 split on October 27, 2010, every 10 shares became 11 shares.
Paramount Spinning Mills Limited has not announced a new split in our records. Its most recent split was on October 27, 2010, 15 years ago. Companies announce splits in advance, and any new PSX:PASM split will appear on this page.
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