State Bank of India (NSE-SBIN) Stock Split History
This company has undergone a total of two stock splits throughout its history. Two forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 11/20/2014 with a ratio of 10-for-1. If an investor had purchased one share prior to the first split on 01/28/2008, that single share would now have grown to 10.599999 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Date | Split Ratio | Multiple | Cumulative multiple | Type |
---|---|---|---|---|
11/20/2014 | 10:1 | x10 | x10.6 | Forward |
01/28/2008 | 1.06:1 | x1.06 | x1.06 | Forward |
Frequently Asked Questions
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How much would State Bank of India stock be worth if it never split?If State Bank of India (stock symbol: NSE-SBIN) had never undergone any stock splits, its price per share today would be approximately 100.73 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 10-for-1) that occurred on 11/20/2014.
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Has State Bank of India stock ever split?State Bank of India (stock symbol: NSE-SBIN) has undergone a total of two stock splits. The most recent split occurred on 11/20/2014. One share bought prior to the first split on 01/28/2008 would now equal 10.60 shares.
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Will State Bank of India stock split again?State Bank of India (stock symbol: NSE-SBIN) has undergone two stock splits in its history. The most recent split, a 1.06-for-1 split, occurred on 11/20/2014. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.