Latest Stock Split Details
Key information about Telefonaktiebolaget LM Ericsson (publ)'s most recent stock split
Split Date: 2008-06-02
Split Ratio: 1:5
Price Before Split: $2.63
Price After Split: $0.53
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 5.00 times fewer shares (a 1:5 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Telefonaktiebolaget LM Ericsson (publ)'s stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2008-06-02 | 1:5 | Yes | $2.63 | $0.53 |
About Telefonaktiebolaget LM Ericsson (publ)
Company overview and industry information
Telefonaktiebolaget LM Ericsson (publ) (ERIXF) operates in the Communication Equipment industry. The recent 1-for-5 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Communication Equipment
Go to Telefonaktiebolaget LM Ericsson (publ) Summary