Jun 10, 2022
1:16
For every 16 shares held, investors received 1. The price per share adjusted from $3.16 to $50.56.
The split itself did not change the total investment value.
Athanase Innovation AB (STO:ATIN) operates in the Apparel/Footwear industry.
Athanase Innovation AB company overviewAthanase Innovation AB's most recent stock split was on June 10, 2022. It was a 1-for-16 reverse split, so shareholders received 1 share for every 16 they held.
Athanase Innovation AB (STO:ATIN) has split its stock 2 times: a 100-for-1 split on March 23, 2021 and a 1-for-16 reverse split on June 10, 2022.
Athanase Innovation AB has split its stock 2 times. This history records 2 splits between March 23, 2021 and June 10, 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 Athanase Innovation AB's 1-for-16 reverse split on June 10, 2022, every 16 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.
Athanase Innovation AB has not announced a new split in our records. Its most recent split was on June 10, 2022, 4 years ago. Companies announce splits in advance, and any new STO:ATIN split will appear on this page.
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