Jun 03, 2020
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.65 to $3.25.
The split itself did not change the total investment value.
Polaris IT Group S.A. (GPW:PIT) operates in the Miscellaneous commercial services industry.
Polaris IT Group S.A. company overviewPolaris IT Group S.A.'s most recent stock split was on June 3, 2020. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Polaris IT Group S.A. has split its stock once. This history records one reverse split, on June 3, 2020.
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 Polaris IT Group S.A.'s 1-for-5 reverse split on June 3, 2020, 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.
Polaris IT Group S.A. has not announced a new split in our records. Its most recent split was on June 3, 2020, 6 years ago. Companies announce splits in advance, and any new GPW:PIT split will appear on this page.
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