Nov 03, 2022
44:73
For every 73 shares held, investors received 44. The price per share adjusted from $11.30 to $18.75.
The split itself did not change the total investment value.
Siminn hf. (ICE:SIMINN) operates in the Major telecommunications industry.
Siminn hf. company overviewSiminn hf.'s most recent stock split was on November 3, 2022. It was a 44-for-73 reverse split, so shareholders received 44 shares for every 73 they held.
Siminn hf. (ICE:SIMINN) has split its stock 2 times: a 447-for-500 reverse split on March 29, 2021 and a 44-for-73 reverse split on November 3, 2022.
Siminn hf. has split its stock 2 times. This history records 2 reverse splits between March 29, 2021 and November 3, 2022.
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 Siminn hf.'s 44-for-73 reverse split on November 3, 2022, every 73 shares became 44 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Siminn hf. has not announced a new split in our records. Its most recent split was on November 3, 2022, 3 years ago. Companies announce splits in advance, and any new ICE:SIMINN split will appear on this page.
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