Apr 02, 2018
13:15
For every 15 shares held, investors received 13. The price per share adjusted from $7800.00 to $9000.00.
The split itself did not change the total investment value.
Petrovietnam Power Services JSC (HNX:PPS) operates in the Engineering & construction industry.
Petrovietnam Power Services JSC company overviewPetrovietnam Power Services JSC's most recent stock split was on April 2, 2018. It was a 13-for-15 reverse split, so shareholders received 13 shares for every 15 they held.
Petrovietnam Power Services JSC has split its stock once. This history records one reverse split, on April 2, 2018.
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 Petrovietnam Power Services JSC's 13-for-15 reverse split on April 2, 2018, every 15 shares became 13 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Petrovietnam Power Services JSC has not announced a new split in our records. Its most recent split was on April 2, 2018, 8 years ago. Companies announce splits in advance, and any new HNX:PPS split will appear on this page.
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