Jan 27, 2023
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.28 to $14.00.
The split itself did not change the total investment value.
Nexpe Participacoes SA (B3:NEXP3) operates in the Real estate development industry.
Nexpe Participacoes SA company overviewNexpe Participacoes SA's most recent stock split was on January 27, 2023. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Nexpe Participacoes SA (B3:NEXP3) has split its stock 3 times: a 100-for-1 split on August 7, 2008, a 1-for-10 reverse split on September 18, 2018, and a 1-for-50 reverse split on January 27, 2023.
Nexpe Participacoes SA has split its stock 3 times. This history records 3 splits between August 7, 2008 and January 27, 2023.
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 Nexpe Participacoes SA's 1-for-50 reverse split on January 27, 2023, every 50 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.
Nexpe Participacoes SA has not announced a new split in our records. Its most recent split was on January 27, 2023, 3 years ago. Companies announce splits in advance, and any new B3:NEXP3 split will appear on this page.
Already premium?