May 16, 2005
1:250
For every 250 shares held, investors received 1.
The split itself did not change the total investment value.
Braskem S.A. (GETTEX:BRDA) operates in the Chemicals: specialty industry.
Braskem S.A. company overviewBraskem S.A.'s most recent stock split was on May 16, 2005. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
Braskem S.A. (GETTEX:BRDA) has split its stock 2 times: a 20-for-1 split on October 21, 2003 and a 1-for-250 reverse split on May 16, 2005.
Braskem S.A. has split its stock 2 times. This history records 2 splits between October 21, 2003 and May 16, 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 Braskem S.A.'s 1-for-250 reverse split on May 16, 2005, every 250 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.
Braskem S.A. has not announced a new split in our records. Its most recent split was on May 16, 2005, 21 years ago. Companies announce splits in advance, and any new GETTEX:BRDA split will appear on this page.
Already premium?