Feb 03, 2011
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Central Pacific Financial Corp New (FRA:XCP1) operates in the Regional banks industry.
Central Pacific Financial Corp New company overviewCentral Pacific Financial Corp New's most recent stock split was on February 3, 2011. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Central Pacific Financial Corp New (FRA:XCP1) has split its stock 6 times: a 2-for-1 split on May 26, 1988, a 11-for-10 split on December 30, 1988, a 2-for-1 split on February 21, 1989, a 2-for-1 split on November 17, 1997, a 2-for-1 split on November 12, 2002, and a 1-for-20 reverse split on February 3, 2011.
Central Pacific Financial Corp New has split its stock 6 times. This history records 6 splits between May 26, 1988 and February 3, 2011.
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 Central Pacific Financial Corp New's 1-for-20 reverse split on February 3, 2011, 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.
Central Pacific Financial Corp New has not announced a new split in our records. Its most recent split was on February 3, 2011, 15 years ago. Companies announce splits in advance, and any new FRA:XCP1 split will appear on this page.