30 May 07 ABB fixes record date for Stock Split

ABB has informed the stock exchanges that the board of directors of ABB have fixed July 06, 2007 as the record date for splitting the face value of the ABB shares from 1 share of face value Rs. 10 each to 5 shares of face value Rs. 2 each. ABB has informed the stock exchanges that the board of directors have decided to go for a stock split in order to make the ABB shares affordable for small investors.

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Reader's Comments

1. Pankaj Belsare | 15 Jul 2007 1:40 am

   Sir,
   The price of ABB is same before & after the record date 6 july of split up what is the reason behind this?I purchased ABB on 13July Plz tell me what will happen to my shares after stock split?

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