Oct 21, 2014
151:599
For every 599 shares held, investors received 151. The price per share adjusted from $0.19 to $0.75.
The split itself did not change the total investment value.
Utenos Trikotazas AB (VSE:UTR1L) operates in the Apparel/Footwear industry.
Utenos Trikotazas AB company overviewUtenos Trikotazas AB's most recent stock split was on October 21, 2014. It was a 151-for-599 reverse split, so shareholders received 151 shares for every 599 they held.
Utenos Trikotazas AB has split its stock once. This history records one reverse split, on October 21, 2014.
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 Utenos Trikotazas AB's 151-for-599 reverse split on October 21, 2014, every 599 shares became 151 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Utenos Trikotazas AB has not announced a new split in our records. Its most recent split was on October 21, 2014, 12 years ago. Companies announce splits in advance, and any new VSE:UTR1L split will appear on this page.
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