Jul 19, 2006
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
Corporativo GBM SAB de CV Class O (BIVA:GBM/O) operates in the Multi-line insurance industry.
Corporativo GBM SAB de CV Class O company overviewCorporativo GBM SAB de CV Class O's most recent stock split was on July 19, 2006. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Corporativo GBM SAB de CV Class O has split its stock once. This history records one reverse split, on July 19, 2006.
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 Corporativo GBM SAB de CV Class O's 1-for-6 reverse split on July 19, 2006, every 6 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.
Corporativo GBM SAB de CV Class O has not announced a new split in our records. Its most recent split was on July 19, 2006, 20 years ago. Companies announce splits in advance, and any new BIVA:GBM/O split will appear on this page.
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