Jan 25, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.48 to $2.40.
The split itself did not change the total investment value.
INVL Baltic Real Estate UTIB EUR (VSE:INR1L) operates in the Real estate development industry.
INVL Baltic Real Estate UTIB EUR company overviewINVL Baltic Real Estate UTIB EUR's most recent stock split was on January 25, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
INVL Baltic Real Estate UTIB EUR has split its stock once. This history records one reverse split, on January 25, 2018.
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 INVL Baltic Real Estate UTIB EUR's 1-for-5 reverse split on January 25, 2018, 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.
INVL Baltic Real Estate UTIB EUR has not announced a new split in our records. Its most recent split was on January 25, 2018, 8 years ago. Companies announce splits in advance, and any new VSE:INR1L split will appear on this page.
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