download203

Last Chance to Grab Coastal Corp Shares Before 5:1 Split! Record Date 28 Feb – Don’t Miss Out!

by
Table of Contents hide
1 What work does Coastal Corporation do?
1.1 Related

Coastal Corporation has announced a split in its equity shares for the first time. The company has finalized February 28, 2025, as the record date.

What work does Coastal Corporation do?

Coastal Corporation Limited has been engaged in the processing, production and distribution of seafood for over 40 years. According to the company’s website, Coastal Corporation is one of the leading producers and exporters of high-quality seafood products worldwide.

 
Why is Coastal Corporation doing stock split?
Coastal Corp Shares
 

Why do companies do stock splits?

 
To understand this as an example, suppose you have 5 shares of a company, and the current price of the shares is Rs 10. 
 
If the company has announced 1:5 bonus shares, then you will get 5 shares in exchange of 1 share. However, the price of the shares will decrease to Rs 2 in the ratio of stock split.
 

Subscribe to our newsletter for the latest stock market updates

 

Why is Coastal Corporation doing stock split?

 
The purpose of a stock split is usually to make shares more affordable and increase liquidity in the market. According to the company’s website, Coastal Corporation is one of the leading producers and exporters of high-quality seafood products worldwide.
 
 

 

1 share of seafood manufacturing company Coastal Corporation Limited is going to be split into five pieces. The company had announced the stock split after its board meeting on 23 December last month.
The company said in the exchange filing that every equity share with a face value of Rs 10 will be split into five shares. That is, if you have one share of the company, then after the stock split it will become 5 shares. However, the share price will also be settled in the ratio of the stock split.
Coastal Corporation has announced a split in its equity shares for the first time. The company has finalized 28 February 2025 as the record date.
 

 

 
FAQ
 

What is a stock split?

 
A stock split is a corporate action where a company divides its existing shares into multiple shares to boost liquidity and make the stock more affordable for investors.
 
Importantly, the total market value of the shares remains the same because the split doesn’t add real value—it simply increases the number of shares while reducing the price per share proportionally.
 

When is the record date for Coastal Corporation stock split?

 

Coastal Corporation has announced a split in its equity shares for the first time. The company has finalized February 28, 2025, as the record date.

 

Why Do Companies Split Stocks?


Increase Liquidity: More shares available for trading.

Make Shares Affordable: Lower price per share attracts retail investors.


Improve Market Perception: A lower share price can make the stock appear more accessible.
 

How many types of stock splits are there?

Forward Stock Split:

A company increases the number of shares outstanding.

Example: In a 5:1 split, 1 share worth ₹500 becomes 5 shares worth ₹100 each.

Reverse Stock Split:

A company reduces the number of shares outstanding.

Example: In a 1:5 split; 5 shares worth ₹10 each become 1 share worth ₹50.

 

What happens to my shares if Coastal Corporation announces a 5:1 stock split?


If you hold 1 share of Coastal Corporation worth ₹1,000, after the 5:1 stock split, you will receive 5 shares, each valued at ₹200. The total value of your investment remains the same at ₹1,000, but the number of shares you own increases, making them more affordable and accessible for trading.

Does a 5:1 stock split affect the total value of my investment in Coastal Corporation?


No, the total value of your investment remains unchanged. While the number of shares you hold increases from 1 to 5, the price per share decreases proportionally from ₹1,000 to ₹200. Your overall investment value stays at ₹1,000, but the split makes the stock more affordable for new investors.

 

Read More Article
 
 
 
 
 
 
 
 

Leave a Comment