May 26, 2020
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.20 to $8.00.
The split itself did not change the total investment value.
Vallourec SA (OTC:VLOWY) operates in the Steel industry.
Vallourec SA company overviewVallourec SA's most recent stock split was on May 26, 2020. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Vallourec SA (OTC:VLOWY) has split its stock 3 times: a 2-for-1 split on July 20, 2010, a 1-for-4 reverse split on October 22, 2010, and a 1-for-40 reverse split on May 26, 2020.
Vallourec SA has split its stock 3 times. This history records 3 splits between July 20, 2010 and May 26, 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 Vallourec SA's 1-for-40 reverse split on May 26, 2020, every 40 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.
Vallourec SA has not announced a new split in our records. Its most recent split was on May 26, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:VLOWY split will appear on this page.
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