Ad
related to: ge stock price before reverse split
Search results
Results from the WOW.Com Content Network
GE effected a 1-for-8 reverse stock split on July 30, 2021. The split adjusted shares began trading on August 2 above $100, the company announced. The reverse split multiplied the price of the ...
After years of watching its stock underperform the broader market, industrial giant General Electric (NYSE:GE) has announced it is splitting up into three separate publicly traded companies ...
The industrial giant's aerospace and energy businesses began trading on the New York Stock Exchange as separate entities more than a year after GE spun off its healthcare business. GE Aerospace ...
It completed a reverse stock split It’s possible. General Electric (NYSE:GE) is in transition mode, leaving behind its lackluster performance to become a stronger and healthier company.
General Electric Co. announced on July 30, 2021 (the completion of) a reverse stock split of GE common stock at a ratio of 1-for-8 and trading on a split-adjusted basis with a new ISIN number (US3696043013) starting on August 2, 2021. [175]
A common reason for a reverse stock split is to satisfy a stock exchange's minimum share price. [2] A reverse stock split may be used to reduce the number of shareholders. [3] If a company completes a reverse split in which 1 new share is issued for every 100 old shares, any investor holding fewer than 100 shares would simply receive a cash ...
In those cases, companies will sometimes do a reverse stock split, in which they exchange one share of stock at a higher price for several shares at the current, lower price. It is the opposite of ...
In this example, if your stock was worth $1 before the reverse stock split, it will become $10 afterwards. So, instead of owning 1,000 shares of a $1 stock, with a total value of $1,000, you will ...
Ad
related to: ge stock price before reverse split