Aug 11, 2023
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.31 to $0.93.
The split itself did not change the total investment value.
Constructii Feroviare Craiova SA Craiova (BVB:CFED) operates in the Engineering & construction industry.
Constructii Feroviare Craiova SA Craiova company overviewConstructii Feroviare Craiova SA Craiova's most recent stock split was on August 11, 2023. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Constructii Feroviare Craiova SA Craiova has split its stock once. This history records one reverse split, on August 11, 2023.
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 Constructii Feroviare Craiova SA Craiova's 1-for-3 reverse split on August 11, 2023, 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.
Constructii Feroviare Craiova SA Craiova has not announced a new split in our records. Its most recent split was on August 11, 2023, 3 years ago. Companies announce splits in advance, and any new BVB:CFED split will appear on this page.
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