Oct 04, 2006
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $1.52 to $30.40.
The split itself did not change the total investment value.
Centrais Eletricas de Santa Catarina S.A. (B3:CLSC3) operates in the Electric utilities industry.
Centrais Eletricas de Santa Catarina S.A. company overviewCentrais Eletricas de Santa Catarina S.A.'s most recent stock split was on October 4, 2006. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Centrais Eletricas de Santa Catarina S.A. has split its stock once. This history records one reverse split, on October 4, 2006.
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 Centrais Eletricas de Santa Catarina S.A.'s 1-for-20 reverse split on October 4, 2006, every 20 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.
Centrais Eletricas de Santa Catarina S.A. has not announced a new split in our records. Its most recent split was on October 4, 2006, 20 years ago. Companies announce splits in advance, and any new B3:CLSC3 split will appear on this page.
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