Jun 06, 2022
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $1.10.
The split itself did not change the total investment value.
Tessellis S.p.A. (MIL:TSL) operates in the Major telecommunications industry.
Tessellis S.p.A. company overviewTessellis S.p.A.'s most recent stock split was on June 6, 2022. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Tessellis S.p.A. (MIL:TSL) has split its stock 5 times: a 10-for-1 split on April 25, 2000, a 1079-for-957 split on January 14, 2008, a 1-for-10 reverse split on September 14, 2009, a 11087-for-654 split on October 12, 2009, and a 1-for-100 reverse split on June 6, 2022.
Tessellis S.p.A. has split its stock 5 times. This history records 5 splits between April 25, 2000 and June 6, 2022.
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 Tessellis S.p.A.'s 1-for-100 reverse split on June 6, 2022, every 100 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.
Tessellis S.p.A. has not announced a new split in our records. Its most recent split was on June 6, 2022, 4 years ago. Companies announce splits in advance, and any new MIL:TSL split will appear on this page.
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