Nov 29, 2017
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Reinet Investments S.C.A. (FRA:RNT) operates in the Investment managers industry.
Reinet Investments S.C.A. company overviewReinet Investments S.C.A.'s most recent stock split was on November 29, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Reinet Investments S.C.A. has split its stock once. This history records one reverse split, on November 29, 2017.
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 Reinet Investments S.C.A.'s 1-for-10 reverse split on November 29, 2017, 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.
Reinet Investments S.C.A. has not announced a new split in our records. Its most recent split was on November 29, 2017, 8 years ago. Companies announce splits in advance, and any new FRA:RNT split will appear on this page.
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