Nov 16, 2010
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Abacus Group (GETTEX:EZO1) operates in the Real estate investment trusts industry.
Abacus Group company overviewAbacus Group's most recent stock split was on November 16, 2010. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Abacus Group (GETTEX:EZO1) has split its stock 2 times: a 52-for-51 split on March 3, 2009 and a 1-for-5 reverse split on November 16, 2010.
Abacus Group has split its stock 2 times. This history records 2 splits between March 3, 2009 and November 16, 2010.
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 Abacus Group's 1-for-5 reverse split on November 16, 2010, 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.
Abacus Group has not announced a new split in our records. Its most recent split was on November 16, 2010, 15 years ago. Companies announce splits in advance, and any new GETTEX:EZO1 split will appear on this page.
Already premium?