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1:1 Share Split

  • 09-09-2010 10:03am
    #1
    losthorizon
    Registered Users, Registered Users 2 Posts: 4,565 ✭✭✭


    I understand 2:1 share splits and 3:1 splits etc but what is a 1:1 share split?

    I have shares in a German Company and Reuters says that on the 20/10/2008 there was a 1:1 share split. Is that good or bad for me?

    Or is this an American term for 2:1 split ?


Comments

  • #2
    Blackjack
    Registered Users, Registered Users 2 Posts: 3,628 ✭✭✭Blackjack


    losthorizon wrote: »
    I understand 2:1 share splits and 3:1 splits etc but what is a 1:1 share split?

    I have shares in a German Company and Reuters says that on the 20/10/2008 there was a 1:1 share split. Is that good or bad for me?

    Or is this an American term for 2:1 split ?

    If it happened in 2008 then you have nothing to worry about.


  • #3
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,611 Mod ✭✭✭✭Jim2007


    losthorizon wrote: »
    I have shares in a German Company and Reuters says that on the 20/10/2008 there was a 1:1 share split. Is that good or bad for me?

    Since you don't mention the company I can't say for sure, but 1:1 on a European exchange usually just means an instrument swap... it is normally done for legal or technical reasons, but since I don't know the company....

    Good luck with that,

    Jim


  • #4
    losthorizon
    Registered Users, Registered Users 2 Posts: 4,565 ✭✭✭losthorizon


    Jim2007 wrote: »
    Since you don't mention the company I can't say for sure, but 1:1 on a European exchange usually just means an instrument swap... it is normally done for legal or technical reasons, but since I don't know the company....

    Good luck with that,

    Jim


    The company is called Technotrans


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