Oct 28, 2015
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.68 to $27.20.
The split itself did not change the total investment value.
WISE FINANCE Spolka Akcyjna (GPW:IBS) operates in the Real estate development industry.
WISE FINANCE Spolka Akcyjna company overviewWISE FINANCE Spolka Akcyjna's most recent stock split was on October 28, 2015. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
WISE FINANCE Spolka Akcyjna (GPW:IBS) has split its stock 2 times: a 1-for-50 reverse split on April 17, 2014 and a 1-for-40 reverse split on October 28, 2015.
WISE FINANCE Spolka Akcyjna has split its stock 2 times. This history records 2 reverse splits between April 17, 2014 and October 28, 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 WISE FINANCE Spolka Akcyjna's 1-for-40 reverse split on October 28, 2015, every 40 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.
WISE FINANCE Spolka Akcyjna has not announced a new split in our records. Its most recent split was on October 28, 2015, 10 years ago. Companies announce splits in advance, and any new GPW:IBS split will appear on this page.
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