Jan 03, 2006
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Paramount Skydance Corporation (DUS:63G) operates in the Cable/Satellite TV industry.
Paramount Skydance Corporation company overviewParamount Skydance Corporation's most recent stock split was on January 3, 2006. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Paramount Skydance Corporation (DUS:63G) has split its stock 2 times: a 2-for-1 split on April 1, 1999 and a 1-for-2 reverse split on January 3, 2006.
Paramount Skydance Corporation has split its stock 2 times. This history records 2 splits between April 1, 1999 and January 3, 2006.
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 Paramount Skydance Corporation's 1-for-2 reverse split on January 3, 2006, 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.
Paramount Skydance Corporation has not announced a new split in our records. Its most recent split was on January 3, 2006, 20 years ago. Companies announce splits in advance, and any new DUS:63G split will appear on this page.