September 19th - $SCREEN HOLDINGS CO LTD (DINRF.US)$ is about to implement a 2-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from September 28th, 2023.
$SCREEN HOLDINGS CO LTD (DINRF.US)$ slipped 3.7% and closed at $96.3 on September 18th with a turnover of $182.97K. $SCREEN HOLDINGS CO LTD (DINRF.US)$ now has a total market capitalization of $4.58 billion.
What Is a Stock Split?
A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.
Note:
The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.