Jun 16, 2016
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
Companhia Estadual de Distribuicao de Energia Eletrica (B3:CEED3F) operates in the Electric utilities industry.
Companhia Estadual de Distribuicao de Energia Eletrica company overviewCompanhia Estadual de Distribuicao de Energia Eletrica's most recent stock split was on June 16, 2016. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Companhia Estadual de Distribuicao de Energia Eletrica (B3:CEED3F) has split its stock 2 times: a 1-for-1000 reverse split on November 5, 2009 and a 1-for-40 reverse split on June 16, 2016.
Companhia Estadual de Distribuicao de Energia Eletrica has split its stock 2 times. This history records 2 reverse splits between November 5, 2009 and June 16, 2016.
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 Companhia Estadual de Distribuicao de Energia Eletrica's 1-for-40 reverse split on June 16, 2016, every 40 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.
Companhia Estadual de Distribuicao de Energia Eletrica has not announced a new split in our records. Its most recent split was on June 16, 2016, 10 years ago. Companies announce splits in advance, and any new B3:CEED3F split will appear on this page.
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