Hindustan Zinc Limited bonus and split history
Hindustan Zinc Limited (NSE: HINDZINC) has had 1 bonus issue and 1 split on record. The latest was a split ₹10 to ₹2 with an ex-date of 7 Mar 2011.
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Shares from one share, event by event
Each bar is the number of shares that one share held before the first event had become after that event. Green is a bonus issue and blue a split. Shares only: the price adjusts at each event.
All bonus issues and splits 2 of 2
| Ex-date | Type | Ratio | Shares per share held | Record date | Close before ex-date | Close on ex-date | As announced |
|---|---|---|---|---|---|---|---|
| 7 Mar 2011 | Split | split ₹10 to ₹2 | 5 shares | 8 Mar 2011 | – | ₹239.05 | Bonus - 1:1 And Face Value Split From Rs. 10 To Rs. 2 |
| 7 Mar 2011 | Bonus | 1:1 bonus | 2 shares | 8 Mar 2011 | – | ₹239.05 | Bonus - 1:1 And Face Value Split From Rs. 10 To Rs. 2 |
What a number of shares became
Counts shares only, not value, and ignores any shares bought or sold since. An illustration of the record above, not a forecast.
Questions about Hindustan Zinc Limited's bonus issues and splits
- When did Hindustan Zinc Limited last issue bonus shares?
- The latest bonus issue on record has an ex-date of 7 Mar 2011: 1 new share for every 1 held, with a record date of 8 Mar 2011. Hindustan Zinc Limited has had 1 bonus issue on record.
- When was Hindustan Zinc Limited's last stock split?
- The latest split on record has an ex-date of 7 Mar 2011: face value ₹10 to ₹2, so each share became 5 shares. Hindustan Zinc Limited has had 1 split on record.
- How many shares would one share held before the first event be today?
- One share held just before the 7 Mar 2011 ex-date would have become 10 shares after every bonus and split on record. This counts shares only; it says nothing about the price or value.
- Does a bonus issue or a split change the value of a holding?
- At the moment it happens the number of shares goes up and the share price adjusts by roughly the same proportion, so the total value of the shares held is about the same. The table shows the closing price before the ex-date and on it.
- What is the difference between a bonus issue and a stock split?
- A bonus issue gives existing holders extra shares from the company's reserves, in a ratio such as 1 for every 1 held. A split divides each share into more shares of a lower face value, such as ₹10 into ₹2. Both increase the number of shares; neither brings money into the company.
- What does the ex-date mean for a bonus or split?
- The ex-date is the first day the shares trade without the entitlement. To receive bonus shares a holder must have bought before the ex-date; a split applies to the shares held and the price adjusts on that date.
How to read this page
A bonus issue gives holders extra shares at a ratio, such as 1:1, which is 1 new share for every 1 held. A split divides each share into more shares of a lower face value, such as ₹10 to ₹2, which is 5 shares for each one. Both raise the number of shares and bring no money into the company.
"Shares per share held" is the number of shares one share becomes at that event. The two closing prices let you see the price adjust on the ex-date; a ratio shows up as a price roughly in proportion. Other price moves on the day are not separated out.
Limits to keep in mind
- The record comes from NSE corporate actions, which start in 2005; the oldest entries can be incomplete.
- An event announced but not yet gone ex-date does not appear until its ex-date.
- Closing prices are as traded; a blank means no price is held for that day.
- Past corporate actions do not indicate future ones.
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