Dec 14, 2020
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $1.78 to $44.50.
The split itself did not change the total investment value.
BioInvent International AB (STO:BINV) operates in the Biotechnology industry.
BioInvent International AB company overviewBioInvent International AB's most recent stock split was on December 14, 2020. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
BioInvent International AB (STO:BINV) has split its stock 6 times: a 1071-for-1000 split on November 8, 2005, a 531-for-500 split on March 20, 2014, a 300-for-271 split on April 23, 2015, a 27-for-25 split on March 21, 2016, a 57-for-56 split on July 15, 2020, and a 1-for-25 reverse split on December 14, 2020.
BioInvent International AB has split its stock 6 times. This history records 6 splits between November 8, 2005 and December 14, 2020.
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 BioInvent International AB's 1-for-25 reverse split on December 14, 2020, 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.
BioInvent International AB has not announced a new split in our records. Its most recent split was on December 14, 2020, 5 years ago. Companies announce splits in advance, and any new STO:BINV split will appear on this page.
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