Jun 10, 2008
2:1
For every share held, investors received 2. The price per share adjusted from $24.81 to $12.40.
The split itself did not change the total investment value.
Telefonaktiebolaget LM Ericsson Class A (NASDAQ:ERIC) operates in the Telecommunications equipment industry.
Telefonaktiebolaget LM Ericsson Class A company overviewTelefonaktiebolaget LM Ericsson Class A's most recent stock split was on June 10, 2008. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Telefonaktiebolaget LM Ericsson Class A (NASDAQ:ERIC) has split its stock 8 times: a 5-for-4 split on September 10, 1973, a 3-for-2 split on October 12, 1982, a 5-for-1 split on September 20, 1990, a 4-for-1 split on June 16, 1995, a 2-for-1 split on May 22, 1998, a 4-for-1 split on May 8, 2000, a 1-for-10 reverse split on October 23, 2002, and a 2-for-1 split on June 10, 2008.
Telefonaktiebolaget LM Ericsson Class A has split its stock 8 times. This history records 8 splits between September 10, 1973 and June 10, 2008.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Telefonaktiebolaget LM Ericsson Class A's 2-for-1 split on June 10, 2008, every share became 2 shares.
Telefonaktiebolaget LM Ericsson Class A has not announced a new split in our records. Its most recent split was on June 10, 2008, 18 years ago. Companies announce splits in advance, and any new NASDAQ:ERIC split will appear on this page.
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