Aug 25, 2010
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.37 to $1.85.
The split itself did not change the total investment value.
Technical Olympic S.A. (ATHEX:OLYMP) operates in the Engineering & construction industry.
Technical Olympic S.A. company overviewTechnical Olympic S.A.'s most recent stock split was on August 25, 2010. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Technical Olympic S.A. (ATHEX:OLYMP) has split its stock 5 times: a 6-for-5 split on July 2, 1997, a 5-for-2 split on October 26, 1999, a 5-for-8 reverse split on September 5, 2000, a 53-for-47 split on July 10, 2007, and a 1-for-5 reverse split on August 25, 2010.
Technical Olympic S.A. has split its stock 5 times. This history records 5 splits between July 2, 1997 and August 25, 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 Technical Olympic S.A.'s 1-for-5 reverse split on August 25, 2010, every 5 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.
Technical Olympic S.A. has not announced a new split in our records. Its most recent split was on August 25, 2010, 16 years ago. Companies announce splits in advance, and any new ATHEX:OLYMP split will appear on this page.
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