Oct 24, 2016
2:15
For every 15 shares held, investors received 2. The price per share adjusted from $1.20 to $9.00.
The split itself did not change the total investment value.
Banco Comercial Portugues S.A. (OTC:BPCGY) operates in the Major banks industry.
Banco Comercial Portugues S.A. company overviewBanco Comercial Portugues S.A.'s most recent stock split was on October 24, 2016. It was a 2-for-15 reverse split, so shareholders received 2 shares for every 15 they held.
Banco Comercial Portugues S.A. (OTC:BPCGY) has split its stock 2 times: a 1-for-20 reverse split on December 2, 2013 and a 2-for-15 reverse split on October 24, 2016.
Banco Comercial Portugues S.A. has split its stock 2 times. This history records 2 reverse splits between December 2, 2013 and October 24, 2016.
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 Banco Comercial Portugues S.A.'s 2-for-15 reverse split on October 24, 2016, every 15 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Banco Comercial Portugues S.A. has not announced a new split in our records. Its most recent split was on October 24, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:BPCGY split will appear on this page.
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