Sep 13, 2002
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Grupo Elektra SAB de CV (BME:XEKT) operates in the Finance/Rental/Leasing industry.
Grupo Elektra SAB de CV company overviewGrupo Elektra SAB de CV's most recent stock split was on September 13, 2002. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Grupo Elektra SAB de CV has split its stock once. This history records one reverse split, on September 13, 2002.
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 Elektra SAB de CV's 1-for-5 reverse split on September 13, 2002, every 5 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 Elektra SAB de CV has not announced a new split in our records. Its most recent split was on September 13, 2002, 24 years ago. Companies announce splits in advance, and any new BME:XEKT split will appear on this page.
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