Nov 01, 2007
17:100
For every 100 shares held, investors received 17.
The split itself did not change the total investment value.
Formoplast Plc (BSEBG:FORM) operates in the Industrial specialties industry.
Formoplast Plc company overviewFormoplast Plc's most recent stock split was on November 1, 2007. It was a 17-for-100 reverse split, so shareholders received 17 shares for every 100 they held.
Formoplast Plc has split its stock once. This history records one reverse split, on November 1, 2007.
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 Formoplast Plc's 17-for-100 reverse split on November 1, 2007, every 100 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Formoplast Plc has not announced a new split in our records. Its most recent split was on November 1, 2007, 18 years ago. Companies announce splits in advance, and any new BSEBG:FORM split will appear on this page.
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