Nov 19, 2020
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
PT Mitra Investindo Tbk Class A (IDX:MITI) operates in the Marine shipping industry.
PT Mitra Investindo Tbk Class A company overviewPT Mitra Investindo Tbk Class A's most recent stock split was on November 19, 2020. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
PT Mitra Investindo Tbk Class A (IDX:MITI) has split its stock 4 times: a 2-for-1 split on October 9, 2000, a 1-for-4 reverse split on June 3, 2014, a 94-for-93 split on July 8, 2014, and a 2-for-5 reverse split on November 19, 2020.
PT Mitra Investindo Tbk Class A has split its stock 4 times. This history records 4 splits between October 9, 2000 and November 19, 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 PT Mitra Investindo Tbk Class A's 2-for-5 reverse split on November 19, 2020, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
PT Mitra Investindo Tbk Class A has not announced a new split in our records. Its most recent split was on November 19, 2020, 5 years ago. Companies announce splits in advance, and any new IDX:MITI split will appear on this page.
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