Nov 28, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.51 to $5.10.
The split itself did not change the total investment value.
BBI Development SA (GPW:BBD) operates in the Investment trusts industry.
BBI Development SA company overviewBBI Development SA's most recent stock split was on November 28, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
BBI Development SA (GPW:BBD) has split its stock 4 times: a 2009-for-467 split on June 22, 2006, a 118-for-69 split on February 14, 2007, a 1-for-5 reverse split on March 27, 2014, and a 1-for-10 reverse split on November 28, 2019.
BBI Development SA has split its stock 4 times. This history records 4 splits between June 22, 2006 and November 28, 2019.
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 BBI Development SA's 1-for-10 reverse split on November 28, 2019, 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.
BBI Development SA has not announced a new split in our records. Its most recent split was on November 28, 2019, 6 years ago. Companies announce splits in advance, and any new GPW:BBD split will appear on this page.
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