Mar 22, 2016
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Suominen Oyj (LSE:0M1M) operates in the Textiles industry.
Suominen Oyj company overviewSuominen Oyj's most recent stock split was on March 22, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Suominen Oyj (LSE:0M1M) has split its stock 2 times: a 87-for-67 split on October 29, 2003 and a 1-for-5 reverse split on March 22, 2016.
Suominen Oyj has split its stock 2 times. This history records 2 splits between October 29, 2003 and March 22, 2016.
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 Suominen Oyj's 1-for-5 reverse split on March 22, 2016, every 5 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.
Suominen Oyj has not announced a new split in our records. Its most recent split was on March 22, 2016, 10 years ago. Companies announce splits in advance, and any new LSE:0M1M split will appear on this page.
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