MCX shares to trade adjusted for stock split today — What 2.4 lakh retail shareholders should know
If an investor had 50 shares of MCX as of Thursday's close, a 1:5 split would mean that those 50 shares, which currently have a face value of ₹10 each, will turn into 250 shares of face value of ₹2 each. While the number of shares will increase, the value will remain the same. The share price will adjust according to the split ratio.
If an investor had 50 shares of MCX as of Thursday's close, a 1:5 split would mean that those 50 shares, which currently have a face value of ₹10 each, will turn into 250 shares of face value of ₹2 each. While the number of shares will increase, the value will remain the same. The share price will adjust according to the split ratio.
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