Sep 05, 2007
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $85.00 to $77.27.
The split itself did not change the total investment value.
Manila Electric Co. (PSE:MER) operates in the Electric utilities industry.
Manila Electric Co. company overviewManila Electric Co.'s most recent stock split was on September 5, 2007. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Manila Electric Co. (PSE:MER) has split its stock 8 times: a 7-for-5 split on May 8, 1992, a 8-for-5 split on June 14, 1993, a 3-for-2 split on May 10, 1994, a 3-for-2 split on May 9, 1995, a 13-for-10 split on July 12, 1996, a 13-for-10 split on May 6, 1997, a 6-for-5 split on May 10, 2000, and a 11-for-10 split on September 5, 2007.
Manila Electric Co. has split its stock 8 times. This history records 8 forward splits between May 8, 1992 and September 5, 2007.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Manila Electric Co.'s 11-for-10 split on September 5, 2007, every 10 shares became 11 shares.
Manila Electric Co. has not announced a new split in our records. Its most recent split was on September 5, 2007, 19 years ago. Companies announce splits in advance, and any new PSE:MER split will appear on this page.
Already premium?