May 05, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $7.00 to $35.00.
The split itself did not change the total investment value.
Kakel Max AB (STO:KAKEL) operates in the Electronics/Appliances industry.
Kakel Max AB company overviewKakel Max AB's most recent stock split was on May 5, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Kakel Max AB (STO:KAKEL) has split its stock 4 times: a 1-for-2 reverse split on March 14, 2006, a 5629-for-1000 split on June 22, 2015, a 1-for-200 reverse split on March 7, 2017, and a 1-for-5 reverse split on May 5, 2017.
Kakel Max AB has split its stock 4 times. This history records 4 splits between March 14, 2006 and May 5, 2017.
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 Kakel Max AB's 1-for-5 reverse split on May 5, 2017, every 5 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.
Kakel Max AB has not announced a new split in our records. Its most recent split was on May 5, 2017, 9 years ago. Companies announce splits in advance, and any new STO:KAKEL split will appear on this page.
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