Aug 12, 2020
54:59
For every 59 shares held, investors received 54.
The split itself did not change the total investment value.
Binh Thuan Environmental Urban Service Joint Stock Co (UPCOM:BMD) operates in the industry.
Binh Thuan Environmental Urban Service Joint Stock Co company overviewBinh Thuan Environmental Urban Service Joint Stock Co's most recent stock split was on August 12, 2020. It was a 54-for-59 reverse split, so shareholders received 54 shares for every 59 they held.
Binh Thuan Environmental Urban Service Joint Stock Co has split its stock once. This history records one reverse split, on August 12, 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 Binh Thuan Environmental Urban Service Joint Stock Co's 54-for-59 reverse split on August 12, 2020, every 59 shares became 54 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Binh Thuan Environmental Urban Service Joint Stock Co has not announced a new split in our records. Its most recent split was on August 12, 2020, 6 years ago. Companies announce splits in advance, and any new UPCOM:BMD split will appear on this page.
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