Jul 25, 2007
1:150
For every 150 shares held, investors received 1. The price per share adjusted from $0.17 to $26.25.
The split itself did not change the total investment value.
Banco do Estado do Rio Grande do Sul SA (B3:BRSR3) operates in the Major banks industry.
Banco do Estado do Rio Grande do Sul SA company overviewBanco do Estado do Rio Grande do Sul SA's most recent stock split was on July 25, 2007. It was a 1-for-150 reverse split, so shareholders received 1 share for every 150 they held.
Banco do Estado do Rio Grande do Sul SA (B3:BRSR3) has split its stock 3 times: a 4-for-1 split on January 13, 1994, a 1-for-200 reverse split on December 1, 1994, and a 1-for-150 reverse split on July 25, 2007.
Banco do Estado do Rio Grande do Sul SA has split its stock 3 times. This history records 3 splits between January 13, 1994 and July 25, 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 Banco do Estado do Rio Grande do Sul SA's 1-for-150 reverse split on July 25, 2007, every 150 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.
Banco do Estado do Rio Grande do Sul SA has not announced a new split in our records. Its most recent split was on July 25, 2007, 19 years ago. Companies announce splits in advance, and any new B3:BRSR3 split will appear on this page.
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