Aug 03, 2015
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Rumo SA (B3:RAIL3F) operates in the Railroads industry.
Rumo SA company overviewRumo SA's most recent stock split was on August 3, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Rumo SA (B3:RAIL3F) has split its stock 6 times: a 1-for-1000 reverse split on May 17, 2004, a 5-for-1 split on March 11, 2005, a 10-for-1 split on September 6, 2006, a 1-for-5 reverse split on October 22, 2010, a 167-for-58 split on April 1, 2015, and a 1-for-10 reverse split on August 3, 2015.
Rumo SA has split its stock 6 times. This history records 6 splits between May 17, 2004 and August 3, 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 Rumo SA's 1-for-10 reverse split on August 3, 2015, 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.
Rumo SA has not announced a new split in our records. Its most recent split was on August 3, 2015, 11 years ago. Companies announce splits in advance, and any new B3:RAIL3F split will appear on this page.
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