Banco Mercantil de Investimentos S.A.
Latest Stock Split
Sep 13, 2017
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.49 to $49.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Sep 13, 2017Before$0.49Split ratio1:100After$49.00Reverse
About Banco Mercantil de Investimentos S.A. stock splits
Banco Mercantil de Investimentos S.A. (B3:BMIN4) operates in the Investment banks/Brokers industry.
Banco Mercantil de Investimentos S.A. company overviewWhen did Banco Mercantil de Investimentos S.A. stock split?
Banco Mercantil de Investimentos S.A.'s most recent stock split was on September 13, 2017. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
How many times has Banco Mercantil de Investimentos S.A. stock split?
Banco Mercantil de Investimentos S.A. has split its stock once. This history records one reverse split, on September 13, 2017.
What is a reverse stock split?
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 Banco Mercantil de Investimentos S.A.'s 1-for-100 reverse split on September 13, 2017, every 100 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.
Will Banco Mercantil de Investimentos S.A. split its stock again?
Banco Mercantil de Investimentos S.A. has not announced a new split in our records. Its most recent split was on September 13, 2017, 9 years ago. Companies announce splits in advance, and any new B3:BMIN4 split will appear on this page.