Jan 22, 2019
8:9
For every 9 shares held, investors received 8. The price per share adjusted from $79.64 to $89.59.
The split itself did not change the total investment value.
Akzo Nobel N.V. (OTC:AKZOF) operates in the Industrial specialties industry.
Akzo Nobel N.V. company overviewAkzo Nobel N.V.'s most recent stock split was on January 22, 2019. It was a 8-for-9 reverse split, so shareholders received 8 shares for every 9 they held.
Akzo Nobel N.V. (OTC:AKZOF) has split its stock 3 times: a 25-for-24 split on April 28, 1989, a 4-for-1 split on July 1, 1998, and a 8-for-9 reverse split on January 22, 2019.
Akzo Nobel N.V. has split its stock 3 times. This history records 3 splits between April 28, 1989 and January 22, 2019.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Akzo Nobel N.V.'s 8-for-9 reverse split on January 22, 2019, every 9 shares became 8 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Akzo Nobel N.V. has not announced a new split in our records. Its most recent split was on January 22, 2019, 7 years ago. Companies announce splits in advance, and any new OTC:AKZOF split will appear on this page.
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