Nov 14, 2016
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $7.50 to $375.00.
The split itself did not change the total investment value.
Candela Invest SA (EURONEXT:CAND) operates in the Financial conglomerates industry.
Candela Invest SA company overviewCandela Invest SA's most recent stock split was on November 14, 2016. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Candela Invest SA has split its stock once. This history records one reverse split, on November 14, 2016.
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 Candela Invest SA's 1-for-50 reverse split on November 14, 2016, every 50 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.
Candela Invest SA has not announced a new split in our records. Its most recent split was on November 14, 2016, 9 years ago. Companies announce splits in advance, and any new EURONEXT:CAND split will appear on this page.
Already premium?