Feb 13, 1996
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
First Abacus Financial Holdings Corp. (PSE:FAF) operates in the Investment banks/Brokers industry.
First Abacus Financial Holdings Corp. company overviewFirst Abacus Financial Holdings Corp.'s most recent stock split was on February 13, 1996. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
First Abacus Financial Holdings Corp. has split its stock once. This history records one reverse split, on February 13, 1996.
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 First Abacus Financial Holdings Corp.'s 1-for-100 reverse split on February 13, 1996, 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.
First Abacus Financial Holdings Corp. has not announced a new split in our records. Its most recent split was on February 13, 1996, 30 years ago. Companies announce splits in advance, and any new PSE:FAF split will appear on this page.
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