trending Market Intelligence /marketintelligence/en/news-insights/trending/odmffwntqshddfyih3xrzg2 content esgSubNav
In This List

Shareholders of Bolsa de Valores de Colombia OK reverse stock split

Blog

Banking Essentials Newsletter: October Edition

Blog

Banking Essentials Newsletter: September Edition, Part - 2

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge


Shareholders of Bolsa de Valores de Colombia OK reverse stock split

Shareholders of Bolsa de Valores de Colombia SA approved a reverse stock split in which the face value of the company's stocks was modified to 500 Colombian pesos from one peso, according to a filing.

The move aims to create better liquidity conditions for the company's stocks.

Shareholders also approved that the fractions of the resulting shares, including those from shareholders that have less than 500 shares, will be paid in cash.

As of March 22, US$1 was equivalent to 2,858.10 Colombian pesos.