Feb 20, 2003
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Grupo SIMEC SAB de CV Class B (BIVA:SIMEC/B) operates in the Steel industry.
Grupo SIMEC SAB de CV Class B company overviewGrupo SIMEC SAB de CV Class B's most recent stock split was on February 20, 2003. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Grupo SIMEC SAB de CV Class B has split its stock once. This history records one reverse split, on February 20, 2003.
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 Grupo SIMEC SAB de CV Class B's 1-for-20 reverse split on February 20, 2003, 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.
Grupo SIMEC SAB de CV Class B has not announced a new split in our records. Its most recent split was on February 20, 2003, 23 years ago. Companies announce splits in advance, and any new BIVA:SIMEC/B split will appear on this page.
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