Dec 28, 2017
2:3
For every 3 shares held, investors received 2. The price per share adjusted from $6.55 to $9.83.
The split itself did not change the total investment value.
Crete Plastics SA (ATHEX:PLAKR) operates in the Chemicals: major diversified industry.
Crete Plastics SA company overviewCrete Plastics SA's most recent stock split was on December 28, 2017. It was a 2-for-3 reverse split, so shareholders received 2 shares for every 3 they held.
Crete Plastics SA (ATHEX:PLAKR) has split its stock 3 times: a 12-for-5 split on August 24, 2004, a 3-for-2 split on February 17, 2016, and a 2-for-3 reverse split on December 28, 2017.
Crete Plastics SA has split its stock 3 times. This history records 3 splits between August 24, 2004 and December 28, 2017.
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 Crete Plastics SA's 2-for-3 reverse split on December 28, 2017, every 3 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Crete Plastics SA has not announced a new split in our records. Its most recent split was on December 28, 2017, 8 years ago. Companies announce splits in advance, and any new ATHEX:PLAKR split will appear on this page.
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