Jun 21, 2023
6:5
For every 5 shares held, investors received 6. The price per share adjusted from $122.00 to $101.67.
The split itself did not change the total investment value.
Punjab Oil Mills Limited (PSX:POML) operates in the Chemicals: specialty industry.
Punjab Oil Mills Limited company overviewPunjab Oil Mills Limited's most recent stock split was on June 21, 2023. It was a 6-for-5 forward split, so shareholders received 6 shares for every 5 they held.
Punjab Oil Mills Limited (PSX:POML) has split its stock 5 times: a 3-for-2 split on October 24, 2008, a 5-for-4 split on October 23, 2009, a 11-for-10 split on March 11, 2011, a 6-for-5 split on October 19, 2022, and a 6-for-5 split on June 21, 2023.
Punjab Oil Mills Limited has split its stock 5 times. This history records 5 forward splits between October 24, 2008 and June 21, 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 Punjab Oil Mills Limited's 6-for-5 split on June 21, 2023, every 5 shares became 6 shares.
Punjab Oil Mills Limited has not announced a new split in our records. Its most recent split was on June 21, 2023, 3 years ago. Companies announce splits in advance, and any new PSX:POML split will appear on this page.
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