Apr 26, 2000
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Grupo Gigante SAB de CV (BMV:GIGANTE) operates in the Specialty stores industry.
Grupo Gigante SAB de CV company overviewGrupo Gigante SAB de CV's most recent stock split was on April 26, 2000. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Grupo Gigante SAB de CV has split its stock once. This history records one reverse split, on April 26, 2000.
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 Gigante SAB de CV's 1-for-3 reverse split on April 26, 2000, every 3 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 Gigante SAB de CV has not announced a new split in our records. Its most recent split was on April 26, 2000, 26 years ago. Companies announce splits in advance, and any new BMV:GIGANTE split will appear on this page.
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