Jul 10, 2019
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.01 to $0.41.
The split itself did not change the total investment value.
Duro Felguera S.A. (BME:MDF) operates in the Engineering & construction industry.
Duro Felguera S.A. company overviewDuro Felguera S.A.'s most recent stock split was on July 10, 2019. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Duro Felguera S.A. (BME:MDF) has split its stock 8 times: a 100-for-89 split on September 1, 1986, a 3-for-2 split on September 1, 1987, a 8-for-7 split on September 1, 1988, a 6-for-1 split on June 20, 2006, a 8-for-7 split on September 13, 2006, a 8-for-5 split on September 15, 2010, a 5507-for-666 split on July 3, 2018, and a 1-for-50 reverse split on July 10, 2019.
Duro Felguera S.A. has split its stock 8 times. This history records 8 splits between September 1, 1986 and July 10, 2019.
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 Duro Felguera S.A.'s 1-for-50 reverse split on July 10, 2019, every 50 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.
Duro Felguera S.A. has not announced a new split in our records. Its most recent split was on July 10, 2019, 7 years ago. Companies announce splits in advance, and any new BME:MDF split will appear on this page.
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