Symbol | Ex Date | Split Ratio | Bonus Ratio | Buy date | Sell Date |
VISAKAIND | 15/05/2023 | 5:1 | N.A. | 5/5/2023 | 5/17/2023 |
HARDWYN | 05/06/2023 | 10:1 | 10:1 | 5/26/2023 | 6/7/2023 |
As
mentioned earlier, the ex-date is the date on or after which a security trades
without a previously declared dividend or distribution. The split ratio
indicates the ratio at which the stock has been split, and the bonus ratio
indicates the ratio at which the bonus shares have been issued to the
shareholders.
For
VISAKAIND, the ex-date is May 15, 2023, and the buy date is May 5, 2023. This
means that investors who purchase VISAKAIND shares on or before May 15, 2023,
will be eligible. The sell date for VISAKAIND is May 17, 2023, on which an
investor can sell their shares.
VISAKAIND
also underwent a stock split at a ratio of 5:1, which means that for every
share of VISAKAIND held by an investor, they will receive four additional
shares. The total value of the investor’s holding will remain the same as
before the split, but the value of each share will decrease proportionally to
the increase in the number of shares.
For
HARDWYN, the ex-date is June 5, 2023, and the buy date is May 26, 2023. This
means that investors who purchase HARDWYN shares on or before June 5, 2023,
will be eligible. HARDWYN underwent a stock split at a ratio of 10:1, which
means that for every share of HARDWYN held by an investor, they will receive
ten additional shares. In addition, a bonus of 1 share will be issued for every
three shares held by the investor. This means that the total number of shares
held by the investor will increase by a factor of 40/3 (10 from the split and 1/3
from the bonus) for every one share held before the split. The total value of
the investor’s holding will remain the same as before the split and bonus, but
the value of each share will decrease proportionally to the increase in the
number of shares. The sell date for HARDWYN is June 7, 2023.