74.78
1.08%
+0.80
After Hours:
74.78
Overview
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Price History
Option Chain
Why RDY Down?
Discussions
Forecast
Stock Split
Dividend History
Dr. Reddy's Laboratories Ltd. ADR (RDY) Stock Split History
Dr. Reddy's Laboratories Ltd. ADR has split its stock once since its initial public offering (IPO). The stock split of Dr. Reddy's Laboratories Ltd. ADR occurred on September 07, 2006 on a 2-for-1 basis, meaning that for 1 share of RDY owned pre-split, shareholders then owned 2 shares.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Dr. Reddy's Laboratories Ltd. ADR's total market capitalization.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Dr. Reddy's Laboratories Ltd. ADR's total market capitalization.
RDY stock split list
Date | Split Ratio |
---|---|
2006-09-07 | 2 - for - 1 |
Will Dr. Reddy's Laboratories Ltd. ADR Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Dr. Reddy's Laboratories Ltd. ADR has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when RDY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Dr. Reddy's Laboratories Ltd. ADR's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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