Aug 29, 2017
135:242
For every 242 shares held, investors received 135. The price per share adjusted from $0.69 to $1.24.
The split itself did not change the total investment value.
Viking Kagit ve Seluloz A.S. (BIST:VKING) operates in the Household/Personal care industry.
Viking Kagit ve Seluloz A.S. company overviewViking Kagit ve Seluloz A.S.'s most recent stock split was on August 29, 2017. It was a 135-for-242 reverse split, so shareholders received 135 shares for every 242 they held.
Viking Kagit ve Seluloz A.S. (BIST:VKING) has split its stock 11 times: a 29-for-10 split on August 28, 1995, a 250-for-81 split on December 20, 1999, a 55-for-32 split on September 10, 2001, a 17-for-5 split on May 31, 2004, a 278-for-265 split on November 3, 2004, a 1-for-1000 reverse split on January 1, 2005, a 449-for-404 split on June 27, 2007, a 34-for-69 reverse split on December 28, 2009, a 64-for-89 reverse split on December 2, 2011, a 203-for-501 reverse split on August 28, 2015, and a 135-for-242 reverse split on August 29, 2017.
Viking Kagit ve Seluloz A.S. has split its stock 11 times. This history records 11 splits between August 28, 1995 and August 29, 2017.
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 Viking Kagit ve Seluloz A.S.'s 135-for-242 reverse split on August 29, 2017, every 242 shares became 135 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Viking Kagit ve Seluloz A.S. has not announced a new split in our records. Its most recent split was on August 29, 2017, 9 years ago. Companies announce splits in advance, and any new BIST:VKING split will appear on this page.
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