May 02, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.28 to $2.80.
The split itself did not change the total investment value.
Karsten S.A. (B3:CTKA4F) operates in the Textiles industry.
Karsten S.A. company overviewKarsten S.A.'s most recent stock split was on May 2, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Karsten S.A. (B3:CTKA4F) has split its stock 4 times: a 43-for-40 split on April 29, 1998, a 1-for-100 reverse split on April 16, 2008, a 873-for-857 split on August 19, 2014, and a 1-for-10 reverse split on May 2, 2016.
Karsten S.A. has split its stock 4 times. This history records 4 splits between April 29, 1998 and May 2, 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 Karsten S.A.'s 1-for-10 reverse split on May 2, 2016, every 10 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.
Karsten S.A. has not announced a new split in our records. Its most recent split was on May 2, 2016, 10 years ago. Companies announce splits in advance, and any new B3:CTKA4F split will appear on this page.
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