May 19, 2014
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.69.
The split itself did not change the total investment value.
Gabetti Property Solutions S.p.A. (MIL:GAB) operates in the Real estate development industry.
Gabetti Property Solutions S.p.A. company overviewGabetti Property Solutions S.p.A.'s most recent stock split was on May 19, 2014. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Gabetti Property Solutions S.p.A. (MIL:GAB) has split its stock 4 times: a 367-for-304 split on September 14, 2009, a 1220-for-787 split on January 17, 2011, a 90-for-77 split on January 20, 2014, and a 1-for-50 reverse split on May 19, 2014.
Gabetti Property Solutions S.p.A. has split its stock 4 times. This history records 4 splits between September 14, 2009 and May 19, 2014.
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 Gabetti Property Solutions S.p.A.'s 1-for-50 reverse split on May 19, 2014, every 50 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.
Gabetti Property Solutions S.p.A. has not announced a new split in our records. Its most recent split was on May 19, 2014, 12 years ago. Companies announce splits in advance, and any new MIL:GAB split will appear on this page.
Already premium?