Safran SA(SAFRY), the French aerospace, defense and security firm has announced a stock split in the rate of 300%. The ADR Record Date is Nov 6, 2013 and the Payable Date is Nov 7, 2013. Currently the ADR to Ordinary ratio is 1: 1. As a result of the split, the ratio will change as 1 …
On January 26th of this year I wrote an article discussing the stock split of Brazilian water and sewage services utility Companhia de Saneamento Basico do Estado de Sao Paulo also known as SABESP (SBS). After an incredible run in 2012, the stock was split in the ratio of 2:1 on January 24th. After the split, SBS …
Companhia de Saneamento Basico do Estado de Sao Paulo also known as SABESP (SBS) was one of the top performing Brazilian ADRs in 2012.The ADR almost doubled last year. On Jan 24, 2013 the stock split 2 for 1.Before the split, each ADR was equal to two common shares. After the split, the ratio was changed to reflect one …