Split Ratio | Face Value (Pre-Split) | Face Value (Post-split) | Ex-Split Date | Record Date | Announcement Date |
---|---|---|---|---|---|
1:5 | 10 | 2 | 15-05-2024 | 15-05-2024 | 26-02-2024 |
*Disclaimer: The information listed is solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
Post-split stocks become more affordable as the price per share comes down. You can have a larger number of shares of Canara Bank with the same amount after a stock split compared to investing before the division of shares.
A stock split increases the number of shares of Canara Bank, reducing the dividend per share proportionally, but your total dividend income remains unchanged.
No, a stock split does not alter a company’s market capitalisation. It simply increases the number of shares of Canara Bank while reducing the price per share accordingly.
Yes, Canara Bank had its last stock split on record date: 15-05-2024. The split ratio for this split was 1:5
The stock split ratio for Canara Bank in its last split was 1:5. This happened on record date: 15-05-2024