Apr 04, 2018
62:65
For every 65 shares held, investors received 62. The price per share adjusted from $9157.00 to $9600.08.
The split itself did not change the total investment value.
Vicem Gypsum & Cement JSC (HNX:TXM) operates in the Construction materials industry.
Vicem Gypsum & Cement JSC company overviewVicem Gypsum & Cement JSC's most recent stock split was on April 4, 2018. It was a 62-for-65 reverse split, so shareholders received 62 shares for every 65 they held.
Vicem Gypsum & Cement JSC has split its stock once. This history records one reverse split, on April 4, 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 Vicem Gypsum & Cement JSC's 62-for-65 reverse split on April 4, 2018, every 65 shares became 62 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Vicem Gypsum & Cement JSC has not announced a new split in our records. Its most recent split was on April 4, 2018, 8 years ago. Companies announce splits in advance, and any new HNX:TXM split will appear on this page.
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