Search results
Results From The WOW.Com Content Network
Reverse stock split: What it means. With a traditional forward stock split, a company increases the number of shares outstanding and lowers the price per share by the same ratio. For example, with ...
A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
One event that made me feel vindicated was the stock's 1-for-6 reverse stock split in 2003. During the dot-com bust, numerous companies enacted a reverse split to get out of penny stock status ...
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
If faced with the proposition of owning one share of company stock for $50 or two shares for $25, you might wonder what difference it makes. In a reverse stock split, the amount of shares ...
A company may use a reverse split to push its stock price back over a certain threshold, typically $1 per share, in order to maintain compliance with an exchange’s rules. To raise the stock price.
This marks the third split in the company's history since going public in June 1998, and is its largest forward split, following a 2-for-1 forward split in January 2000 and a 1-for-10 reverse ...
The split adjusted shares began trading on August 2 above $100, the company announced. The reverse split multiplied the price of the stock investors own by 8, but also reduced the number of shares ...