Sep 16, 2015
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.11 to $5.50.
The split itself did not change the total investment value.
Plascar Participacoes Industriais S.A. (B3:PLAS3F) operates in the Auto parts: OEM industry.
Plascar Participacoes Industriais S.A. company overviewPlascar Participacoes Industriais S.A.'s most recent stock split was on September 16, 2015. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Plascar Participacoes Industriais S.A. (B3:PLAS3F) has split its stock 2 times: a 1-for-100 reverse split on July 25, 2007 and a 1-for-50 reverse split on September 16, 2015.
Plascar Participacoes Industriais S.A. has split its stock 2 times. This history records 2 reverse splits between July 25, 2007 and September 16, 2015.
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 Plascar Participacoes Industriais S.A.'s 1-for-50 reverse split on September 16, 2015, 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.
Plascar Participacoes Industriais S.A. has not announced a new split in our records. Its most recent split was on September 16, 2015, 11 years ago. Companies announce splits in advance, and any new B3:PLAS3F split will appear on this page.
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