{"id":8021,"date":"2024-08-13T11:12:20","date_gmt":"2024-08-13T09:12:20","guid":{"rendered":"https:\/\/www.forexsrovnavac.cz\/mag\/?p=8021"},"modified":"2026-05-16T13:25:16","modified_gmt":"2026-05-16T11:25:16","slug":"reverzni-rozdeleni-akcii-a-jeho-vliv-na-akcionare","status":"publish","type":"post","link":"https:\/\/www.forexsrovnavac.cz\/mag\/reverzni-rozdeleni-akcii-a-jeho-vliv-na-akcionare\/","title":{"rendered":"Reverzn\u00ed rozd\u011blen\u00ed akci\u00ed a jeho vliv na akcion\u00e1\u0159e"},"content":{"rendered":"<p>Reverzn\u00ed rozd\u011blen\u00ed akci\u00ed (Reverse stock split) je proces, p\u0159i kter\u00e9m spole\u010dnost sni\u017euje po\u010det sv\u00fdch vydan\u00fdch akci\u00ed a sou\u010dasn\u011b zvy\u0161uje hodnotu ka\u017ed\u00e9 akcie. To znamen\u00e1, \u017ee pokud vlastn\u00edte nap\u0159\u00edklad 10 akci\u00ed, po reverzn\u00edm rozd\u011blen\u00ed jich m\u016f\u017eete m\u00edt jen jednu, ale hodnota t\u00e9to jedn\u00e9 akcie bude vy\u0161\u0161\u00ed. Pou\u017e\u00edv\u00e1 se ve v\u011bt\u0161in\u011b p\u0159\u00edpad\u016f, jako posledn\u00ed z\u00e1chrana, aby spole\u010dnost splnila minim\u00e1ln\u00ed po\u017eadavky burz, na kter\u00fdch jsou jej\u00ed akcie obchodov\u00e1ny.<\/p>\n<h2>Jak funguje reverzn\u00ed rozd\u011blen\u00ed akci\u00ed?<\/h2>\n<p>P\u0159i reverzn\u00edm rozd\u011blen\u00ed akci\u00ed doch\u00e1z\u00ed k tomu, <strong>\u017ee po\u010det akci\u00ed, kter\u00e9 akcion\u00e1\u0159 vlastn\u00ed, kles\u00e1<\/strong>. Nap\u0159\u00edklad pokud spole\u010dnost provede reverzn\u00ed rozd\u011blen\u00ed <strong>v pom\u011bru 1:10<\/strong>, znamen\u00e1 to, \u017ee na <strong>ka\u017ed\u00fdch 10 akci\u00ed, kter\u00e9 akcion\u00e1\u0159 vlastn\u00ed, p\u0159ipadne po rozd\u011blen\u00ed pouze jedna akcie<\/strong>.<\/p>\n<p>Jestli\u017ee tedy n\u011bkdo vlastnil p\u0159ed rozd\u011blen\u00edm 10 akci\u00ed, po rozd\u011blen\u00ed bude vlastnit pouze jednu akcii. Tento pokles v po\u010dtu akci\u00ed je ale kompenzov\u00e1n t\u00edm, \u017ee hodnota ka\u017ed\u00e9 jednotliv\u00e9 akcie se \u00fam\u011brn\u011b zvy\u0161uje. Pokud p\u0159ed rozd\u011blen\u00edm m\u011bla ka\u017ed\u00e1 z 10 akci\u00ed hodnotu 1 dolar, po rozd\u011blen\u00ed bude nov\u00e1 jedin\u00e1 akcie m\u00edt hodnotu 10 dolar\u016f.<\/p>\n<p>Teoreticky by tr\u017en\u00ed hodnota spole\u010dnosti po reverzn\u00edm rozd\u011blen\u00ed m\u011bla z\u016fstat nezm\u011bn\u011bn\u00e1. Pokud tedy n\u011bkdo vlastnil akcie v hodnot\u011b 10 dolar\u016f p\u0159ed rozd\u011blen\u00edm, m\u011bl by vlastnit akcie ve stejn\u00e9 hodnot\u011b i po n\u011bm, ale ji\u017e men\u0161\u00ed po\u010det.<\/p>\n<div id=\"attachment_9027\" style=\"width: 857px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split.png\"><img alt=\"\" loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-9027\" class=\"wp-image-9027 size-full\" title=\"Vizualizace procesu reverzn\u00edho rozd\u011blen\u00ed akci\u00ed v pom\u011bru 1:5. P\u0159ed splitem: investor vlastn\u00ed 5 akci\u00ed po $2 (celkem $10). Po reverzn\u00edm splitu: investor vlastn\u00ed 1 akcii za $10 (celkem $10). Grafika demonstruje, \u017ee celkov\u00e1 hodnota investice z\u016fst\u00e1v\u00e1 stejn\u00e1.\" src=\"https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split.png\" alt=\"\" width=\"857\" height=\"609\" srcset=\"https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split.png 857w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split-150x107.png 150w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split-768x546.png 768w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split-56x40.png 56w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split-45x32.png 45w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split-113x80.png 113w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2024\/08\/jak-funguje-reverse-stock-split-190x135.png 190w\" sizes=\"auto, (max-width: 857px) 100vw, 857px\" \/><\/a><p id=\"caption-attachment-9027\" class=\"wp-caption-text\">Reverzn\u00ed rozd\u011blen\u00ed akci\u00ed (Reverse Stock Split) &#8211; Vliv na hodnotu investice<\/p><\/div>\n<h2>Kdy k reverzn\u00edmu rozd\u011blen\u00ed akci\u00ed spole\u010dnost p\u0159istupuje?<\/h2>\n<p>Jedn\u00edm z hlavn\u00edch d\u016fvod\u016f, pro\u010d spole\u010dnosti prov\u00e1d\u011bj\u00ed reverzn\u00ed rozd\u011blen\u00ed akci\u00ed,<strong> je pokles hodnoty akcie pod ur\u010ditou hranici<\/strong>. Na presti\u017en\u00edch burz\u00e1ch, jako je nap\u0159\u00edklad NASDAQ nebo NYSE existuj\u00ed minim\u00e1ln\u00ed cenov\u00e9 limity, kter\u00e9 mus\u00ed akcie spl\u0148ovat, aby spole\u010dnost mohla z\u016fstat zaps\u00e1na na burze. Obvykle <strong>je tento limit stanoven na 1 dolar<\/strong>.<\/p>\n<p>Pokud akcie spole\u010dnosti klesne pod tuto hranici a z\u016fstane tam po ur\u010ditou dobu, burza m\u016f\u017ee spole\u010dnosti pohrozit vy\u0159azen\u00edm z obchodov\u00e1n\u00ed a p\u0159id\u011bl\u00ed ji term\u00edn tkz: delistingu. Tento term\u00edn je v\u011bt\u0161\u00ed dlouh\u00fd 180 dn\u00ed a pokud do t\u00e9 doby cena akcie nevyroste nad 1 dolar, posledn\u00edch z\u00e1chrana je pr\u00e1v\u011b Reverse stock split.<\/p>\n<p>Reverzn\u00ed rozd\u011blen\u00ed akci\u00ed je v takov\u00fdch situac\u00edch jedn\u00edm <strong>z nejefektivn\u011bj\u0161\u00edch zp\u016fsob\u016f, jak zv\u00fd\u0161it cenu akcie nad minim\u00e1ln\u00ed po\u017eadovan\u00fd limit<\/strong>. P\u0159edstavme si, \u017ee cena akcie spole\u010dnosti klesne na 50 cent\u016f. Pokud se spole\u010dnost rozhodne pro reverzn\u00ed rozd\u011blen\u00ed v pom\u011bru 1:10, cena jedn\u00e9 akcie by se zv\u00fd\u0161ila na 5 dolar\u016f, \u010d\u00edm\u017e by se op\u011bt dostala nad po\u017eadovan\u00fd minim\u00e1ln\u00ed limit pro obchodov\u00e1n\u00ed na burze, jako je NASDAQ. Tento krok by spole\u010dnosti umo\u017enil z\u016fstat zapsan\u00e1 na burze a nad\u00e1le z\u00edsk\u00e1vat p\u0159\u00edstup k ve\u0159ejn\u00fdm trh\u016fm.<\/p>\n<h3>Negativita<\/h3>\n<p>Nicm\u00e9n\u011b reverzn\u00ed rozd\u011blen\u00ed akci\u00ed je \u010dasto vn\u00edm\u00e1no negativn\u011b. Tento zejm\u00e9na signalizuje, \u017ee spole\u010dnost m\u00e1 probl\u00e9my. Trh m\u016f\u017ee reverzn\u00ed rozd\u011blen\u00ed interpretovat jako sign\u00e1l k prodeji akci\u00ed, co\u017e m\u016f\u017ee v\u00e9st k dal\u0161\u00edmu poklesu jejich ceny. Tento negativn\u00ed sentiment m\u016f\u017ee b\u00fdt pro spole\u010dnost problematick\u00fd, pokud se sna\u017e\u00ed stabilizovat svou tr\u017en\u00ed pozici.<\/p>\n<h2>Opakov\u00e1n\u00e9 reverzn\u00ed rozd\u011blen\u00ed akci\u00ed<\/h2>\n<p>Opakovan\u00e9 reverzn\u00ed rozd\u011blen\u00ed \u010dasto vede k postupn\u00e9mu ni\u010den\u00ed hodnoty pro akcion\u00e1\u0159e. I kdy\u017e ka\u017ed\u00fd jednotliv\u00fd krok m\u016f\u017ee do\u010dasn\u011b udr\u017eet spole\u010dnost na presti\u017en\u00ed burze, celkov\u00fd efekt pro investory m\u016f\u017ee b\u00fdt devastuj\u00edc\u00ed. P\u0159edstavme si, \u017ee akcion\u00e1\u0159 vlastn\u00ed 1 000 akci\u00ed spole\u010dnosti, kter\u00e1 provede reverzn\u00ed rozd\u011blen\u00ed 1:10. Po tomto kroku akcion\u00e1\u0159 vlastn\u00ed pouze 100 akci\u00ed, ale cena jedn\u00e9 akcie je desetkr\u00e1t vy\u0161\u0161\u00ed.<\/p>\n<p>Pokud se v\u0161ak cena akci\u00ed op\u011bt propadne a spole\u010dnost provede dal\u0161\u00ed reverzn\u00ed rozd\u011blen\u00ed, nap\u0159\u00edklad znovu v pom\u011bru 1:10, z\u016fstane akcion\u00e1\u0159i pouze 10 akci\u00ed. I kdy\u017e jejich nomin\u00e1ln\u00ed hodnota bude op\u011bt vy\u0161\u0161\u00ed, celkov\u00fd po\u010det akci\u00ed dramaticky poklesne.<\/p>\n<h3>Dopady na akcion\u00e1\u0159e<\/h3>\n<p>Pro akcion\u00e1\u0159e znamen\u00e1 reverzn\u00ed rozd\u011blen\u00ed obvykle zm\u011bnu v po\u010dtu akci\u00ed, kter\u00e9 vlastn\u00ed, ale ne nutn\u011b zm\u011bnu jejich celkov\u00e9 investice. Pokud v\u0161ak z\u016fstanou n\u011bjak\u00e9 &#8222;zbytky&#8220; po rozd\u011blen\u00ed, \u010dasto jsou akcion\u00e1\u0159\u016fm vyplaceny v hotovosti. Reverzn\u00ed rozd\u011blen\u00ed m\u016f\u017ee tak\u00e9 ovlivnit psychologii trhu a vn\u00edmanou hodnotu akci\u00ed, co\u017e m\u016f\u017ee m\u00edt dal\u0161\u00ed dopady na cenu akci\u00ed na trhu a jej\u00ed dal\u0161\u00ed pokles.<\/p>\n<p>Probl\u00e9m nast\u00e1v\u00e1, kdy\u017e opakovan\u00e1 reverzn\u00ed rozd\u011blen\u00ed nevedou k dlouhodob\u00e9 stabilizaci nebo zlep\u0161en\u00ed ceny akci\u00ed<strong>.<\/strong> M\u00edsto toho mohou v\u00e9st k dal\u0161\u00edmu poklesu d\u016fv\u011bry investor\u016f a dal\u0161\u00edmu prodeji akci\u00ed, co\u017e zp\u016fsobuje je\u0161t\u011b v\u011bt\u0161\u00ed pokles hodnoty.<\/p>\n<p><strong>V extr\u00e9mn\u00edch p\u0159\u00edpadech m\u016f\u017ee opakovan\u00e9 reverzn\u00ed rozd\u011blen\u00ed prakticky zni\u010dit hodnotu pro st\u00e1vaj\u00edc\u00ed akcion\u00e1\u0159e<\/strong>. Ka\u017ed\u00e9 dal\u0161\u00ed rozd\u011blen\u00ed zmen\u0161uje jejich pod\u00edl na spole\u010dnosti, zat\u00edmco skute\u010dn\u00e1 tr\u017en\u00ed hodnota akci\u00ed se m\u016f\u017ee nad\u00e1le propadat. Takov\u00e1 situace m\u016f\u017ee nakonec v\u00e9st k tomu, \u017ee akcion\u00e1\u0159i, kte\u0159\u00ed kdysi vlastnili v\u00fdznamn\u00fd po\u010det akci\u00ed s ur\u010ditou hodnotou, zjist\u00ed, \u017ee jejich investice byla prakticky vymaz\u00e1na.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reverzn\u00ed rozd\u011blen\u00ed akci\u00ed (Reverse stock split) je proces, p\u0159i kter\u00e9m spole\u010dnost sni\u017euje po\u010det sv\u00fdch vydan\u00fdch akci\u00ed a sou\u010dasn\u011b zvy\u0161uje hodnotu ka\u017ed\u00e9 akcie. To znamen\u00e1, \u017ee pokud vlastn\u00edte nap\u0159\u00edklad 10 akci\u00ed, po reverzn\u00edm rozd\u011blen\u00ed jich m\u016f\u017eete m\u00edt jen jednu, ale hodnota t\u00e9to jedn\u00e9 akcie bude vy\u0161\u0161\u00ed. Pou\u017e\u00edv\u00e1 se ve v\u011bt\u0161in\u011b p\u0159\u00edpad\u016f, jako posledn\u00ed z\u00e1chrana, aby spole\u010dnost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[194],"tags":[],"class_list":["post-8021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-akcie"],"modified_by":"Krpensk\u00fd Martin","_links":{"self":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts\/8021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/comments?post=8021"}],"version-history":[{"count":1,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts\/8021\/revisions"}],"predecessor-version":[{"id":10573,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts\/8021\/revisions\/10573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/media\/8022"}],"wp:attachment":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/media?parent=8021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/categories?post=8021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/tags?post=8021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}