Several companies have upcoming stock splits scheduled in the near future. These corporate actions typically aim to increase the number of outstanding shares while reducing the per-share price, making the stock more accessible to a wider range of investors.
Upcoming Stock Splits
Here are the shares that are going to split soon, along with their ex-dates and old face values:
| Company | Ex-Date | Old Face Value (FV) |
|---|---|---|
| Diamond Power | 3 December 2024 | 10.00 |
| Vivid Mercantile | 29 November 2024 | 10.00 |
| Sudarshan Pharma | 22 November 2024 | 10.00 |
| JTL Industries | 14 November 2024 | 2.00 |
A stock split does not change the total value of an investor's holding in the company, only the number of shares and their individual price. For example, in a 1:2 split, one share might become two shares, with each new share having half the previous price. The face value (FV) is the nominal value of a share as recorded in the company's books.
