Jul 18, 2005
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Leonardo SpA (IOB:0ONG) operates in the Aerospace & defense industry.
Leonardo SpA company overviewLeonardo SpA's most recent stock split was on July 18, 2005. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Leonardo SpA (IOB:0ONG) has split its stock 4 times: a 6-for-5 split on July 17, 1986, a 3-for-2 split on June 14, 1990, a 1-for-2 reverse split on January 18, 1993, and a 1-for-20 reverse split on July 18, 2005.
Leonardo SpA has split its stock 4 times. This history records 4 splits between July 17, 1986 and July 18, 2005.
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 Leonardo SpA's 1-for-20 reverse split on July 18, 2005, every 20 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.
Leonardo SpA has not announced a new split in our records. Its most recent split was on July 18, 2005, 21 years ago. Companies announce splits in advance, and any new IOB:0ONG split will appear on this page.
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