Sep 22, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $114.00 to $570.00.
The split itself did not change the total investment value.
Volati AB (STO:VOLO_PREF) operates in the Investment managers industry.
Volati AB company overviewVolati AB's most recent stock split was on September 22, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Volati AB has split its stock once. This history records one reverse split, on September 22, 2016.
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 Volati AB's 1-for-5 reverse split on September 22, 2016, 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.
Volati AB has not announced a new split in our records. Its most recent split was on September 22, 2016, 10 years ago. Companies announce splits in advance, and any new STO:VOLO_PREF split will appear on this page.
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