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如瑞迪博士将于2024年11月5日除权除息,1股拆为5股

Dr. Reddy's Laboratories To Carry Out 5-for-1 Stock Split On November 5th, 2024

Futu News ·  Oct 9 07:35

October 8th (Eastern Time) - $Dr. Reddy's Laboratories (RDY.US)$ is about to implement a 5-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from November 5th, 2024.

$Dr. Reddy's Laboratories (RDY.US)$ slipped 0.78% and closed at $77.66 on October 7th with a turnover of $8.57 million. $Dr. Reddy's Laboratories (RDY.US)$ now has a total market capitalization of $12.93 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.

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