Mar 15, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $50.00 to $500.00.
The split itself did not change the total investment value.
PT Bakrie Sumatera Plantations Tbk (IDX:UNSP) operates in the Wholesale distributors industry.
PT Bakrie Sumatera Plantations Tbk company overviewPT Bakrie Sumatera Plantations Tbk's most recent stock split was on March 15, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
PT Bakrie Sumatera Plantations Tbk (IDX:UNSP) has split its stock 6 times: a 14-for-5 split on August 7, 1996, a 2-for-1 split on August 26, 1996, a 5-for-1 split on November 3, 2004, a 81-for-71 split on September 6, 2007, a 252-for-247 split on February 10, 2010, and a 1-for-10 reverse split on March 15, 2017.
PT Bakrie Sumatera Plantations Tbk has split its stock 6 times. This history records 6 splits between August 7, 1996 and March 15, 2017.
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 Bakrie Sumatera Plantations Tbk's 1-for-10 reverse split on March 15, 2017, every 10 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.
PT Bakrie Sumatera Plantations Tbk has not announced a new split in our records. Its most recent split was on March 15, 2017, 9 years ago. Companies announce splits in advance, and any new IDX:UNSP split will appear on this page.
Already premium?