Sep 28, 2015
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.26 to $12.59.
The split itself did not change the total investment value.
Advanex Inc. (FRA:DCV) operates in the Metal fabrication industry.
Advanex Inc. company overviewAdvanex Inc.'s most recent stock split was on September 28, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Advanex Inc. (FRA:DCV) has split its stock 4 times: a 23-for-20 split on September 26, 1985, a 23-for-20 split on September 26, 1986, a 21-for-20 split on March 26, 1999, and a 1-for-10 reverse split on September 28, 2015.
Advanex Inc. has split its stock 4 times. This history records 4 splits between September 26, 1985 and September 28, 2015.
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 Advanex Inc.'s 1-for-10 reverse split on September 28, 2015, every 10 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.
Advanex Inc. has not announced a new split in our records. Its most recent split was on September 28, 2015, 11 years ago. Companies announce splits in advance, and any new FRA:DCV split will appear on this page.
Already premium?