Dec 17, 2020
1:7
For every 7 shares held, investors received 1.
The split itself did not change the total investment value.
Conduit Holdings Ltd. (FRA:CHO) operates in the Specialty insurance industry.
Conduit Holdings Ltd. company overviewConduit Holdings Ltd.'s most recent stock split was on December 17, 2020. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Conduit Holdings Ltd. has split its stock once. This history records one reverse split, on December 17, 2020.
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 Conduit Holdings Ltd.'s 1-for-7 reverse split on December 17, 2020, every 7 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.
Conduit Holdings Ltd. has not announced a new split in our records. Its most recent split was on December 17, 2020, 5 years ago. Companies announce splits in advance, and any new FRA:CHO split will appear on this page.
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