Apr 05, 2011
1:17
For every 17 shares held, investors received 1.
The split itself did not change the total investment value.
Patrimoine et Commerce (LSE:0P30) operates in the Real estate development industry.
Patrimoine et Commerce company overviewPatrimoine et Commerce's most recent stock split was on April 5, 2011. It was a 1-for-17 reverse split, so shareholders received 1 share for every 17 they held.
Patrimoine et Commerce has split its stock once. This history records one reverse split, on April 5, 2011.
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 Patrimoine et Commerce's 1-for-17 reverse split on April 5, 2011, every 17 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.
Patrimoine et Commerce has not announced a new split in our records. Its most recent split was on April 5, 2011, 15 years ago. Companies announce splits in advance, and any new LSE:0P30 split will appear on this page.
Already premium?