Aug 25, 2015
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Storytel AB Class B (GETTEX:DST) operates in the Publishing: books/magazines industry.
Storytel AB Class B company overviewStorytel AB Class B's most recent stock split was on August 25, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Storytel AB Class B (GETTEX:DST) has split its stock 3 times: a 21-for-20 split on November 6, 2006, a 1-for-25 reverse split on May 3, 2013, and a 1-for-10 reverse split on August 25, 2015.
Storytel AB Class B has split its stock 3 times. This history records 3 splits between November 6, 2006 and August 25, 2015.
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 Storytel AB Class B's 1-for-10 reverse split on August 25, 2015, 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.
Storytel AB Class B has not announced a new split in our records. Its most recent split was on August 25, 2015, 11 years ago. Companies announce splits in advance, and any new GETTEX:DST split will appear on this page.
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