Jan 07, 2013
8:9
For every 9 shares held, investors received 8. The price per share adjusted from $136.37 to $153.42.
The split itself did not change the total investment value.
AvalonBay Communities, Inc. (NYSE:AVB) operates in the Real estate investment trusts industry.
AvalonBay Communities, Inc. company overviewAvalonBay Communities, Inc.'s most recent stock split was on January 7, 2013. It was a 8-for-9 reverse split, so shareholders received 8 shares for every 9 they held.
AvalonBay Communities, Inc. has split its stock once. This history records one reverse split, on January 7, 2013.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In AvalonBay Communities, Inc.'s 8-for-9 reverse split on January 7, 2013, every 9 shares became 8 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
AvalonBay Communities, Inc. has not announced a new split in our records. Its most recent split was on January 7, 2013, 13 years ago. Companies announce splits in advance, and any new NYSE:AVB split will appear on this page.