Apr 28, 2016
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.19 to $3.80.
The split itself did not change the total investment value.
Refinaria de Petroleos Manguinhos S.A. (B3:RPMG3) operates in the Oil refining/Marketing industry.
Refinaria de Petroleos Manguinhos S.A. company overviewRefinaria de Petroleos Manguinhos S.A.'s most recent stock split was on April 28, 2016. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Refinaria de Petroleos Manguinhos S.A. (B3:RPMG3) has split its stock 5 times: a 266-for-261 split on June 10, 1996, a 1336-for-595 split on December 8, 2009, a 1066-for-349 split on July 2, 2010, a 932-for-903 split on July 11, 2013, and a 1-for-20 reverse split on April 28, 2016.
Refinaria de Petroleos Manguinhos S.A. has split its stock 5 times. This history records 5 splits between June 10, 1996 and April 28, 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 Refinaria de Petroleos Manguinhos S.A.'s 1-for-20 reverse split on April 28, 2016, every 20 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.
Refinaria de Petroleos Manguinhos S.A. has not announced a new split in our records. Its most recent split was on April 28, 2016, 10 years ago. Companies announce splits in advance, and any new B3:RPMG3 split will appear on this page.
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