Jul 11, 2007
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.65 to $1.30.
The split itself did not change the total investment value.
Proodeftikh Technical Company S.A. (ATHEX:PRD) operates in the Engineering & construction industry.
Proodeftikh Technical Company S.A. company overviewProodeftikh Technical Company S.A.'s most recent stock split was on July 11, 2007. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Proodeftikh Technical Company S.A. (ATHEX:PRD) has split its stock 4 times: a 3-for-2 split on July 20, 1994, a 11-for-10 split on February 16, 1995, a 13-for-10 split on June 30, 1997, and a 1-for-2 reverse split on July 11, 2007.
Proodeftikh Technical Company S.A. has split its stock 4 times. This history records 4 splits between July 20, 1994 and July 11, 2007.
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 Proodeftikh Technical Company S.A.'s 1-for-2 reverse split on July 11, 2007, 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.
Proodeftikh Technical Company S.A. has not announced a new split in our records. Its most recent split was on July 11, 2007, 19 years ago. Companies announce splits in advance, and any new ATHEX:PRD split will appear on this page.
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