Sep 26, 2018
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Prima Meat Packers,Ltd. (GETTEX:83X) operates in the Food: meat/fish/dairy industry.
Prima Meat Packers,Ltd. company overviewPrima Meat Packers,Ltd.'s most recent stock split was on September 26, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Prima Meat Packers,Ltd. (GETTEX:83X) has split its stock 4 times: a 21-for-20 split on March 27, 1987, a 107-for-100 split on March 28, 1988, a 21-for-20 split on March 28, 1989, and a 1-for-5 reverse split on September 26, 2018.
Prima Meat Packers,Ltd. has split its stock 4 times. This history records 4 splits between March 27, 1987 and September 26, 2018.
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 Prima Meat Packers,Ltd.'s 1-for-5 reverse split on September 26, 2018, every 5 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.
Prima Meat Packers,Ltd. has not announced a new split in our records. Its most recent split was on September 26, 2018, 8 years ago. Companies announce splits in advance, and any new GETTEX:83X split will appear on this page.
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