Varun Beverages 2:5 stock split record date tomorrow; last day to buy for eligibility
Varun Beverages, PepsiCo's bottling partner, has announced a 2:5 stock split effective from September 12, 2024. This means each Rs 5 share will be split into shares worth Rs 2 each. The company reported a 26% YoY increase in profit for Q2 2024 and a 28% rise in revenue.