Nov 10, 2022
969:1000
For every 1000 shares held, investors received 969. The price per share adjusted from $3.22 to $3.32.
The split itself did not change the total investment value.
CTT - Correios de Portugal SA (EURONEXT:CTT) operates in the Air freight/Couriers industry.
CTT - Correios de Portugal SA company overviewCTT - Correios de Portugal SA's most recent stock split was on November 10, 2022. It was a 969-for-1000 reverse split, so shareholders received 969 shares for every 1000 they held.
CTT - Correios de Portugal SA has split its stock once. This history records one reverse split, on November 10, 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 CTT - Correios de Portugal SA's 969-for-1000 reverse split on November 10, 2022, every 1000 shares became 969 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
CTT - Correios de Portugal SA has not announced a new split in our records. Its most recent split was on November 10, 2022, 3 years ago. Companies announce splits in advance, and any new EURONEXT:CTT split will appear on this page.
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