Sep 26, 2013
9:8
For every 8 shares held, investors received 9. The price per share adjusted from $0.33 to $0.29.
The split itself did not change the total investment value.
Grand Banks Yachts Limited (SGX:G50) operates in the Recreational products industry.
Grand Banks Yachts Limited company overviewGrand Banks Yachts Limited's most recent stock split was on September 26, 2013. It was a 9-for-8 forward split, so shareholders received 9 shares for every 8 they held.
Grand Banks Yachts Limited (SGX:G50) has split its stock 4 times: a 3-for-1 split on October 10, 1990, a 11-for-10 split on January 15, 1993, a 565-for-492 split on October 29, 2007, and a 9-for-8 split on September 26, 2013.
Grand Banks Yachts Limited has split its stock 4 times. This history records 4 forward splits between October 10, 1990 and September 26, 2013.
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 Grand Banks Yachts Limited's 9-for-8 split on September 26, 2013, every 8 shares became 9 shares.
Grand Banks Yachts Limited has not announced a new split in our records. Its most recent split was on September 26, 2013, 13 years ago. Companies announce splits in advance, and any new SGX:G50 split will appear on this page.
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