Nov 12, 2015
5:7
For every 7 shares held, investors received 5.
The split itself did not change the total investment value.
Ernst Russ AG (STU:ERAG) operates in the Other transportation industry.
Ernst Russ AG company overviewErnst Russ AG's most recent stock split was on November 12, 2015. It was a 5-for-7 reverse split, so shareholders received 5 shares for every 7 they held.
Ernst Russ AG (STU:ERAG) has split its stock 2 times: a 30-for-29 split on May 16, 2011 and a 5-for-7 reverse split on November 12, 2015.
Ernst Russ AG has split its stock 2 times. This history records 2 splits between May 16, 2011 and November 12, 2015.
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 Ernst Russ AG's 5-for-7 reverse split on November 12, 2015, every 7 shares became 5 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Ernst Russ AG has not announced a new split in our records. Its most recent split was on November 12, 2015, 10 years ago. Companies announce splits in advance, and any new STU:ERAG split will appear on this page.
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