Jun 15, 2015
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.29 to $0.89.
The split itself did not change the total investment value.
Class Editori S.p.A. (MIL:CLE) operates in the Publishing: books/magazines industry.
Class Editori S.p.A. company overviewClass Editori S.p.A.'s most recent stock split was on June 15, 2015. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Class Editori S.p.A. (MIL:CLE) has split its stock 3 times: a 11-for-10 split on May 7, 2007, a 74-for-65 split on June 30, 2014, and a 1-for-3 reverse split on June 15, 2015.
Class Editori S.p.A. has split its stock 3 times. This history records 3 splits between May 7, 2007 and June 15, 2015.
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 Class Editori S.p.A.'s 1-for-3 reverse split on June 15, 2015, every 3 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.
Class Editori S.p.A. has not announced a new split in our records. Its most recent split was on June 15, 2015, 11 years ago. Companies announce splits in advance, and any new MIL:CLE split will appear on this page.
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