Jun 04, 2007
1:2000
For every 2000 shares held, investors received 1. The price per share adjusted from $0.01 to $26.00.
The split itself did not change the total investment value.
Companhia Energetica do Ceara-COELCE (B3:COCE5) operates in the Electric utilities industry.
Companhia Energetica do Ceara-COELCE company overviewCompanhia Energetica do Ceara-COELCE's most recent stock split was on June 4, 2007. It was a 1-for-2000 reverse split, so shareholders received 1 share for every 2000 they held.
Companhia Energetica do Ceara-COELCE (B3:COCE5) has split its stock 2 times: a 17-for-10 split on April 5, 2000 and a 1-for-2000 reverse split on June 4, 2007.
Companhia Energetica do Ceara-COELCE has split its stock 2 times. This history records 2 splits between April 5, 2000 and June 4, 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 Companhia Energetica do Ceara-COELCE's 1-for-2000 reverse split on June 4, 2007, every 2000 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 Energetica do Ceara-COELCE has not announced a new split in our records. Its most recent split was on June 4, 2007, 19 years ago. Companies announce splits in advance, and any new B3:COCE5 split will appear on this page.
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