Jun 13, 2022
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Saipem S.p.A. (DUS:SPEA) operates in the Engineering & construction industry.
Saipem S.p.A. company overviewSaipem S.p.A.'s most recent stock split was on June 13, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Saipem S.p.A. (DUS:SPEA) has split its stock 5 times: a 44-for-43 split on April 14, 1988, a 100-for-97 split on July 17, 1991, a 1-for-10 reverse split on May 22, 2017, a 21-for-100 reverse split on May 23, 2022, and a 1-for-10 reverse split on June 13, 2022.
Saipem S.p.A. has split its stock 5 times. This history records 5 splits between April 14, 1988 and June 13, 2022.
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 Saipem S.p.A.'s 1-for-10 reverse split on June 13, 2022, every 10 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.
Saipem S.p.A. has not announced a new split in our records. Its most recent split was on June 13, 2022, 4 years ago. Companies announce splits in advance, and any new DUS:SPEA split will appear on this page.
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