Sep 17, 2010
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.43 to $0.86.
The split itself did not change the total investment value.
Elastron S.A. (ATHEX:ELSTR) operates in the Metal fabrication industry.
Elastron S.A. company overviewElastron S.A.'s most recent stock split was on September 17, 2010. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Elastron S.A. (ATHEX:ELSTR) has split its stock 3 times: a 6-for-5 split on September 14, 1998, a 3-for-1 split on October 4, 2007, and a 1-for-2 reverse split on September 17, 2010.
Elastron S.A. has split its stock 3 times. This history records 3 splits between September 14, 1998 and September 17, 2010.
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 Elastron S.A.'s 1-for-2 reverse split on September 17, 2010, every 2 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.
Elastron S.A. has not announced a new split in our records. Its most recent split was on September 17, 2010, 16 years ago. Companies announce splits in advance, and any new ATHEX:ELSTR split will appear on this page.
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