Jan 01, 2005
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $2.73 to $2725.72.
The split itself did not change the total investment value.
Akin Tekstil A.S. (BIST:ATEKS) operates in the Textiles industry.
Akin Tekstil A.S. company overviewAkin Tekstil A.S.'s most recent stock split was on January 1, 2005. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Akin Tekstil A.S. (BIST:ATEKS) has split its stock 4 times: a 3-for-1 split on June 8, 1998, a 4-for-1 split on August 3, 2000, a 3-for-1 split on May 31, 2002, and a 1-for-1000 reverse split on January 1, 2005.
Akin Tekstil A.S. has split its stock 4 times. This history records 4 splits between June 8, 1998 and January 1, 2005.
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 Akin Tekstil A.S.'s 1-for-1000 reverse split on January 1, 2005, 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.
Akin Tekstil A.S. has not announced a new split in our records. Its most recent split was on January 1, 2005, 21 years ago. Companies announce splits in advance, and any new BIST:ATEKS split will appear on this page.
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