Dec 28, 2022
9829:10000
For every 10000 shares held, investors received 9829. The price per share adjusted from $12.65 to $12.87.
The split itself did not change the total investment value.
Galp Energia, SGPS S.A. Class B (OTC:GLPEF) operates in the Integrated oil industry.
Galp Energia, SGPS S.A. Class B company overviewGalp Energia, SGPS S.A. Class B's most recent stock split was on December 28, 2022. It was a 9829-for-10000 reverse split, so shareholders received 9829 shares for every 10000 they held.
Galp Energia, SGPS S.A. Class B has split its stock once. This history records one reverse split, on December 28, 2022.
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 Galp Energia, SGPS S.A. Class B's 9829-for-10000 reverse split on December 28, 2022, every 10000 shares became 9829 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Galp Energia, SGPS S.A. Class B has not announced a new split in our records. Its most recent split was on December 28, 2022, 3 years ago. Companies announce splits in advance, and any new OTC:GLPEF split will appear on this page.
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