Jul 05, 2016
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.97 to $7.87.
The split itself did not change the total investment value.
ELVE S.A. (ATHEX:ELBE) operates in the Apparel/Footwear industry.
ELVE S.A. company overviewELVE S.A.'s most recent stock split was on July 5, 2016. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
ELVE S.A. (ATHEX:ELBE) has split its stock 3 times: a 3-for-1 split on September 1, 1997, a 3-for-2 split on September 28, 1998, and a 1-for-4 reverse split on July 5, 2016.
ELVE S.A. has split its stock 3 times. This history records 3 splits between September 1, 1997 and July 5, 2016.
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 ELVE S.A.'s 1-for-4 reverse split on July 5, 2016, every 4 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ELVE S.A. has not announced a new split in our records. Its most recent split was on July 5, 2016, 10 years ago. Companies announce splits in advance, and any new ATHEX:ELBE split will appear on this page.
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