Nov 11, 2019
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $2.35 to $4.70.
The split itself did not change the total investment value.
Financiera Independencia SAB de CV (BMV:FINDEP) operates in the Finance/Rental/Leasing industry.
Financiera Independencia SAB de CV company overviewFinanciera Independencia SAB de CV's most recent stock split was on November 11, 2019. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Financiera Independencia SAB de CV (BMV:FINDEP) has split its stock 2 times: a 405-for-391 split on December 29, 2009 and a 1-for-2 reverse split on November 11, 2019.
Financiera Independencia SAB de CV has split its stock 2 times. This history records 2 splits between December 29, 2009 and November 11, 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 Financiera Independencia SAB de CV's 1-for-2 reverse split on November 11, 2019, every 2 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.
Financiera Independencia SAB de CV has not announced a new split in our records. Its most recent split was on November 11, 2019, 6 years ago. Companies announce splits in advance, and any new BMV:FINDEP split will appear on this page.
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