Dec 16, 2015
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
GigaMedia Limited (GETTEX:GIFN) operates in the Packaged software industry.
GigaMedia Limited company overviewGigaMedia Limited's most recent stock split was on December 16, 2015. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
GigaMedia Limited has split its stock once. This history records one reverse split, on December 16, 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 GigaMedia Limited's 1-for-5 reverse split on December 16, 2015, 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.
GigaMedia Limited has not announced a new split in our records. Its most recent split was on December 16, 2015, 10 years ago. Companies announce splits in advance, and any new GETTEX:GIFN split will appear on this page.
Already premium?