Bosch announces 1:5 stock split, 3:1 bonus issue. What this means for investors?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Bosch announced a 1:5 stock split and a 1:3 bonus issue on Friday.
- ✓The board approved splitting existing shares with a face value of Rs 10 into five shares of Rs 2 each.
- ✓While the number of shares held will increase, the total value of the investment remains unchanged for investors.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Bosch on Friday announced its first-ever 1:5 stock split and a 1:3 bonus issue for shareholders, alongside its July-September quarter results for FY27.
The company's board of directors approved the plan to split each of its existing shares with a face value of Rs 10 each into five shares with a face value of Rs 2 each.
The board also approved the proposal to issue three bonus shares for every share held in the company as of the record date, which will be announced later, Bosch said in an exchange filing.
What stock split and bonus issue together mean for investors?
Live Events
If an investor holds 10 shares of the company worth Rs 100 each, she will see her holding get split into 50 shares worth Rs 20 each following the 1:5 stock split. However, the total worth of her holding in Bosch remained unchanged at Rs 1,000.
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The Economic Times
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