May 02, 2016
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $5.00 to $5000.00.
The split itself did not change the total investment value.
Nordon Industrias Metalurgicas S.A. (B3:NORD3F) operates in the Industrial machinery industry.
Nordon Industrias Metalurgicas S.A. company overviewNordon Industrias Metalurgicas S.A.'s most recent stock split was on May 2, 2016. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Nordon Industrias Metalurgicas S.A. (B3:NORD3F) has split its stock 2 times: a 16-for-15 split on April 4, 1997 and a 1-for-1000 reverse split on May 2, 2016.
Nordon Industrias Metalurgicas S.A. has split its stock 2 times. This history records 2 splits between April 4, 1997 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 Nordon Industrias Metalurgicas S.A.'s 1-for-1000 reverse split on May 2, 2016, every 1000 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.
Nordon Industrias Metalurgicas 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:NORD3F split will appear on this page.
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