Jan 21, 2005
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $4.08 to $102.00.
The split itself did not change the total investment value.
Nine Entertainment Co. Holdings Limited (FRA:NEE) operates in the Broadcasting industry.
Nine Entertainment Co. Holdings Limited company overviewNine Entertainment Co. Holdings Limited's most recent stock split was on January 21, 2005. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Nine Entertainment Co. Holdings Limited has split its stock once. This history records one reverse split, on January 21, 2005.
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 Nine Entertainment Co. Holdings Limited's 1-for-25 reverse split on January 21, 2005, every 25 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.
Nine Entertainment Co. Holdings Limited has not announced a new split in our records. Its most recent split was on January 21, 2005, 21 years ago. Companies announce splits in advance, and any new FRA:NEE split will appear on this page.
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