Telefonaktiebolaget LM Ericsson Class A

Telefonaktiebolaget LM Ericsson Class A

9.29
EUR
0.00
(0.00%)
0.67EPS
14.67P/E
32.44BMarket Cap
Jan 22Next Earn

Latest Stock Split

Jun 02, 2008

1:5

For every 5 shares held, investors received 1. The price per share adjusted from $1.74 to $8.70.

The split itself did not change the total investment value.

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Stock Split History

  1. Jun 02, 2008
    Before$1.74
    Split ratio1:5
    After$8.70
    Reverse
  2. Aug 09, 2002
    Before—
    Split ratio102:77
    After—
    Forward
  3. May 08, 2000
    Before—
    Split ratio4:1
    After—
    Forward
  4. May 25, 1998
    Before—
    Split ratio2:1
    After—
    Forward
  5. Jun 16, 1995
    Before—
    Split ratio4:1
    After—
    Forward

About Telefonaktiebolaget LM Ericsson Class A stock splits

Telefonaktiebolaget LM Ericsson Class A (GETTEX:ERCG) operates in the Telecommunications equipment industry.

Telefonaktiebolaget LM Ericsson Class A company overview

When did Telefonaktiebolaget LM Ericsson Class A stock split?

Telefonaktiebolaget LM Ericsson Class A's most recent stock split was on June 2, 2008. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

What is Telefonaktiebolaget LM Ericsson Class A's stock split history?

Telefonaktiebolaget LM Ericsson Class A (GETTEX:ERCG) has split its stock 5 times: a 4-for-1 split on June 16, 1995, a 2-for-1 split on May 25, 1998, a 4-for-1 split on May 8, 2000, a 102-for-77 split on August 9, 2002, and a 1-for-5 reverse split on June 2, 2008.

How many times has Telefonaktiebolaget LM Ericsson Class A stock split?

Telefonaktiebolaget LM Ericsson Class A has split its stock 5 times. This history records 5 splits between June 16, 1995 and June 2, 2008.

What is a reverse stock split?

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 Telefonaktiebolaget LM Ericsson Class A's 1-for-5 reverse split on June 2, 2008, 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.

Will Telefonaktiebolaget LM Ericsson Class A split its stock again?

Telefonaktiebolaget LM Ericsson Class A has not announced a new split in our records. Its most recent split was on June 2, 2008, 18 years ago. Companies announce splits in advance, and any new GETTEX:ERCG split will appear on this page.