2.60
price down icon1.14%   -0.03
after-market  After Hours:  2.595  -0.005   -0.19%
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Cia Energetica DE Minas Gerais - Cemig ADR (CIG) Stock Split History

Cia Energetica DE Minas Gerais - Cemig ADR has split its stock 11 times since its initial public offering (IPO). The first stock split occurred on June 12, 2007 with the ratio of 2-for-1, meaning that for 1 share of CIG owned pre-split, shareholders then owned 2 shares. 10 more splits have been implemented since then. The most recent stock split took place on May 24, 2024 on a 130-for-100 basis.

These splits have increased CIG stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Cia Energetica DE Minas Gerais - Cemig ADR's total market capitalization.

For more detailed information of Cia Energetica DE Minas Gerais - Cemig ADR's stock splits, view the table below:

CIG stock split list

Date Split Ratio
2024-05-24 130 - for - 100
2022-05-19 13 - for - 10
2021-05-03 10 - for - 9
2020-08-13 26 - for - 25
2014-01-13 17 - for - 13
2013-05-02 9 - for - 8
2012-05-14 5 - for - 4
2010-04-30 11 - for - 10
2009-05-14 5 - for - 4
2008-04-28 51 - for - 50
2007-06-12 2 - for - 1

Will Cia Energetica DE Minas Gerais - Cemig ADR Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Cia Energetica DE Minas Gerais - Cemig ADR has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when CIG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Cia Energetica DE Minas Gerais - Cemig ADR's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
SRE 2023-08-22 2 - for - 1
BIP 2022-06-13 3 - for - 2
AES 2000-06-02 2 - for - 1
CIG 2024-05-24 130 - for - 100
ELP 2023-12-29 5 - for - 4
OTTR 2000-03-16 2 - for - 1
ALE 2004-09-21 1 - for - 3
NWE 1997-05-28 2 - for - 1
NWE 1997-05-28 2 - for - 1
AVA 1993-11-10 2 - for - 1
UTL 1992-12-14 2 - for - 1
utilities_diversified ELP
$7.51
price down icon 0.66%
$6.77
price down icon 1.60%
$90.30
price down icon 0.40%
utilities_diversified ALE
$63.10
price up icon 0.14%
utilities_diversified NWE
$51.26
price up icon 0.22%
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