Apr 06, 2020
50:79
For every 79 shares held, investors received 50. The price per share adjusted from $16456.00 to $26000.48.
The split itself did not change the total investment value.
Viettri Paper Joint Stock Co (UPCOM:GVT) operates in the Wholesale distributors industry.
Viettri Paper Joint Stock Co company overviewViettri Paper Joint Stock Co's most recent stock split was on April 6, 2020. It was a 50-for-79 reverse split, so shareholders received 50 shares for every 79 they held.
Viettri Paper Joint Stock Co has split its stock once. This history records one reverse split, on April 6, 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 Viettri Paper Joint Stock Co's 50-for-79 reverse split on April 6, 2020, every 79 shares became 50 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Viettri Paper Joint Stock Co has not announced a new split in our records. Its most recent split was on April 6, 2020, 6 years ago. Companies announce splits in advance, and any new UPCOM:GVT split will appear on this page.
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