Nov 26, 2012
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
LUG S.A. (NEWCONNECT:LUG) operates in the Electrical products industry.
LUG S.A. company overviewLUG S.A.'s most recent stock split was on November 26, 2012. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
LUG S.A. (NEWCONNECT:LUG) has split its stock 2 times: a 4-for-1 split on March 26, 2010 and a 1-for-25 reverse split on November 26, 2012.
LUG S.A. has split its stock 2 times. This history records 2 splits between March 26, 2010 and November 26, 2012.
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 LUG S.A.'s 1-for-25 reverse split on November 26, 2012, every 25 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.
LUG S.A. has not announced a new split in our records. Its most recent split was on November 26, 2012, 13 years ago. Companies announce splits in advance, and any new NEWCONNECT:LUG split will appear on this page.
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