Aug 20, 2007
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $15.58 to $7790.00.
The split itself did not change the total investment value.
AXIA Energia SA (B3:AXIA3) operates in the Electric utilities industry.
AXIA Energia SA company overviewAXIA Energia SA's most recent stock split was on August 20, 2007. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
AXIA Energia SA (B3:AXIA3) has split its stock 2 times: a 10-for-1 split on December 16, 1997 and a 1-for-500 reverse split on August 20, 2007.
AXIA Energia SA has split its stock 2 times. This history records 2 splits between December 16, 1997 and August 20, 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 AXIA Energia SA's 1-for-500 reverse split on August 20, 2007, every 500 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.
AXIA Energia SA has not announced a new split in our records. Its most recent split was on August 20, 2007, 19 years ago. Companies announce splits in advance, and any new B3:AXIA3 split will appear on this page.
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