Mar 24, 2005
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Cogent Communications Holdings, Inc. (FRA:OGM1) operates in the Major telecommunications industry.
Cogent Communications Holdings, Inc. company overviewCogent Communications Holdings, Inc.'s most recent stock split was on March 24, 2005. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Cogent Communications Holdings, Inc. has split its stock once. This history records one reverse split, on March 24, 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 Cogent Communications Holdings, Inc.'s 1-for-20 reverse split on March 24, 2005, every 20 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.
Cogent Communications Holdings, Inc. has not announced a new split in our records. Its most recent split was on March 24, 2005, 21 years ago. Companies announce splits in advance, and any new FRA:OGM1 split will appear on this page.