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In India, Infosys shares are listed on the BSE, where it is a part of the BSE SENSEX, and on the NSE, where it is included in the NIFTY 50 index. [53] Infosys also trades its shares through American depositary receipts (ADRs) on the New York Stock Exchange. [54] Over the years, the shareholding of Infosys's promoters has steadily decreased.
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...
In July 2022, GameStop — the fairy-tale stock at the center of history’s greatest short squeeze — announced a 4-for-1 stock split. That’s just one of many tech-related splits that have ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Murthy was the CEO of Infosys for 21 years from 1981 to 2002 [29] and was succeeded by co-founder Nandan Nilekani. [31] At Infosys he articulated, designed and implemented a global delivery model for IT services outsourcing from India. [32] He was the chairman of the board from 2002 to 2006, after which he also became the chief mentor.
Students of history will note that the rally will likely continue well into 2025. ... This led to a 10-for-1 stock split, which it completed in mid-July. Yet, despite its recent rally, there's ...
The average return after a stock split is announced in the year that follows is 25.4%. That's about a 13% greater return than the market over the same period. This chart lays it out nicely.
By March 2015, iGATE's stock value had increased since the start of Vemuri's tenure, [19] with the company reaching a market capitalization of $3.3 billion. [19] iGATE also had around 33,000 employees and revenues of about $1.3 billion, [1] much higher than the annual revenue of $851.6 million from 2013. [19]